The 30-share BSE index Sensex surged 366.76 points, and the NSE Nifty jumped 92.35 points at 9:50 am.
Here’s a list of the top losers and gainers in the Nifty pack.
|Top Nifty Gainers||Top Nifty Losers|
|Adani Ports||Coal India|
*as of October 6, 9:55 am
These are the top stocks in news today.
Tata Motors up over 5%
The shares of Indian auto giant Tata Motors soared 5% on improved Jaguar Land Rover (JLR) QoQ sales. The company said that the JLR sales improved by nearly 50% during the July-September quarter as against 74,067 units in the last quarter ended June 30.
Infibeam Avenues locked in 5% upper circuit
The shares of digital payments, e-commerce software company Infibeam Avenues was locked in a 5% upper circuit for the second day in a row. The rally came after Infibeam Avenues entered into a definitive agreement with Jio Platforms and its affiliates to license, customise, maintain and access our Enterprise E-commerce Software and Payments Platform for their business use.
Housing Development Finance Corp gains 4%
The Housing finance major HDFC Ltd shares were up 4% after the company told investors that its individual loan disbursements reached 95% of the level in the year-ago period, and September saw the strongest recovery since the outbreak of the COVID-19 pandemic, suggesting business is returning to pre-crisis levels.
Majesco Ltd locked in 5% upper circuit
The shares of Majesco were locked in a 5% upper circuit after the company said its board would consider a proposal for buyback of fully paid-up equity shares on October 8.
M&M leaps 3%
The shares of automaker Mahindra and Mahindra soared 3% after its recently launched SUV; the All-New Thar crossed 9,000 bookings in just 4 days. The All-New Thar becomes the only SUV in the 4X4 lifestyle category to record this booking milestone in such a short span of time, the company said.
Adani Ports up over 3%
The shares of Adani Ports gained over 3%, a day after it announced the completion of the acquisition of the Krishnapatnam Port Company (KPCL) for an enterprise value of ₹12,000 crore.
APSEZ now owns a controlling stake of 75% in KPCL, a multi-cargo port in southern Andhra Pradesh.
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Top stocks to watch—SBI, HDFC Bank, Tata Motors, RIL, Infibeam, Britannia, Future Consumer and others