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Market at record high, Nifty hits 13,000 — Here are the top stock movers in trade today

Nov 24, 2020, 10:07 IST
BCCL
  • The 30-share BSE index was trading 334 points higher, and the broader NSE Nifty was trading 0.75% higher on Tuesday at 9:50 am.
  • Here's a list of the top losers and gainers in the Nifty pack.
  • These are the top stocks that are buzzing in trade today.
  • Check out the latest news and updates on Business Insider.
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Indian equity benchmark indices hit record higher in early trade on Tuesday, tracking positive cues from their global peers.

The 30-share BSE index was trading 334 points higher, and the broader NSE Nifty was trading 0.75% higher on Tuesday at 9:50 am.

Here’s a list of the top losers and gainers in the Nifty pack.

Top Nifty GainersTop Nifty Losers
Adani PortsRIL
MarutiBajaj Finance
Eicher Motors JSW Steel
M&MHDFC Life
Tata MotorsUltraTech Cement
*as of November 24, 9:50 am

These are the top stocks in news today.

Axis Bank soars on bullish analyst recommendation
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Axis Bank shares soared over 2% after Jefferies maintained a 'buy' call on the stock and has raised its target to ₹700 per share from ₹610 earlier.

Future Retail hits 10% upper circuit for the second day in a row

The shares of Future Retail were locked in a 10% upper circuit for the second day in a row after the CCI approved the Reliance deal to buyout Future Group's retail assets.

SpiceJet gains 3%

The shares of SpiceJet soared 3% after its subsidiary SpiceHealth launched a budget Covid test. The company said it would conduct the Real-Time Polymerase Chain Reaction (RT-PCR) test for COVID-19 starting at ₹499, which will drastically reduce the price of the RT-PCR test, which ordinally costs ₹3500.
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Jubilant Industries soars 7%

The shares of Jubilant Industries soared 7% after it decided to transfer its liquor license. The company said it would not manufacture India Made Foreign Liquor hereon.

Ingersoll Rand India slumps 6%

The shares of Ingersoll Rand India slumped 6% in early trading hours on Tuesday after its promoter Ingersoll Rand Inc said it would sell up to 4.52% stake through an Offer for Sale (OFS) at a floor price of ₹578.6/share. The offer opens for non-retail investors today and tomorrow for retail investors.

Biocon trades over a percent higher

The shares of Biocon gained over a percent after it entered into an agreement for the acquisition of a 26% equity stake on a fully diluted basis in Hinduja Renewables Two (HRTPL), a special purpose vehicle formed for the purpose of power generation and developing a captive power plant as per Electricity laws.
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GHCL gained nearly 2%

The shares of GHCLgained nearly 2% after the stock exchanges have given a no-objection letter for the demerger of the company's textile business into GHCL Textiles.

SEE ALSO: Biden will pick former Federal Reserve Chair Janet Yellen to head the Treasury Department

Boris Johnson relaxes the national coronavirus lockdown and says families can meet to celebrate Christmas

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