Top stock movers — TCS, Wipro, Infosys, Maruti Suzuki, Hero Motocorp, Anuh Pharma and more

Top stock movers — TCS, Wipro, Infosys, Maruti Suzuki, Hero Motocorp, Anuh Pharma and more
Indian stock market index Sensex jumped over 200 points in early trade on Tuesday driven by gains in index-heavyweights TCS, Infosys and HDFC amid positive cues from global markets. They have now pared their morning gains, led by fall in the banking stocks.

The 30-share BSE index was trading 0.56% higher; while the NSE Nifty jumped 62.90 points at 9:50 am.

These were the top losers and gainers in the Nifty pack:
Top Nifty GainersTop Nifty Losers
TCSIndusInd Bank
Hero MotoCorpBharti Airtel
WiproICICI Bank
JSW SteelPower Grid
*as of September 29, 10:00 am

These are the top stocks in news today.

Shalby gains 4%

The shares of Shalby Limited were trading 4% higher after the board approved the decision to reduce promoters’ shareholding in the company to 75% from the current level of 79.45%. The company will issue equity shares and convertible securities up to ₹ 117.02 crore, it said.


Maruti Suzuki India up over 1%

The automaker Maruti Suzuki India was trading 1% higher after Morgan Stanley, and HSBC upgraded their ratings to ‘Buy’. The Morgan Stanley revised target price is now at ₹7,570 a share.

Anuh Pharma surges 5%

The shares of Pharma major Anuh Pharma were up 5% on September 29 after it received approval from the World Health Organization— Geneva Prequalification for Pyrimethamine API, which is used as antimalarial drugs.

Tata Consultancy Services up 4%

Tata Consultancy Services (TCS) shares were trading 4% higher after the IT major told investors that it won four Stevies at the 2020 International Business Awards. TCS was recognized with two Gold Stevies, one Silver Stevie and one Bronze Stevie for achievements in North America and India, the company said.

Hero MotoCorp gains 2%

Extending gains for the second day, Hero MotoCorp shares were trading 2% higher after news reports surfaced that the US-bike maker Harley Davidson is in talks with the Indian two-wheeler major to enter into a distribution arrangement.

Infosys surges 2%

The shares of IT major Infosys surged over 2% after its wholly-owned subsidiary EdgeVerve Systems recently signed a partnership with Minit, a leader in process mining, to help clients accelerate process excellence. The company said it would jointly create a solution that will empower enterprises with superior insights for business transformation, leading to better operational efficiency and enhanced business results.

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Top stocks to watch— Infosys, Central Bank of India, DHFL, Anuh Pharma, Shalby, Balaji Telefilms and others