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Top stock movers — HDFC Bank, RIL, SBI, ICICI Bank, Tech Mahindra, HCL Tech, Lasa Supergenerics, and others

Nov 25, 2020, 10:31 IST
BCCL
  • After touching a lifetime high of 44,825 points in the opening session, the 30-share BSE index was trading 242.76 points higher, and NSE Nifty was trading 0.58% higher.
  • 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 indexes rallied to a fresh high in opening trade on Wednesday, tracking gains in index-heavyweights HDFC, Reliance Industries and ICICI Bank amid largely positive cues from global markets and persistent foreign fund inflows.

After touching a lifetime high of 44,825 points in the opening session, the 30-share BSE index was trading 242.76 points higher, and NSE Nifty was trading 0.58% higher.

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

Top Nifty GainersTop Nifty Losers
ONGCTech Mahindra
HDFC LifeHCL Tech
SBI LifeEicher Motors
ICICI Bank Bajaj Finance
Bajaj AutoInfosys
*as of November 25, 10:10 am

These are the top stocks in news today.

SBI shares gain over 2%

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The shares of State Bank of India (SBI) gained over 2% after it announced that it had raised ₹2,500 crore by allotting 25,000 Basel III compliant non-convertible, taxable, perpetual, subordinated, unsecured, fully paid-up debt instruments in the nature of debentures qualifying as AT 1 Capital of the Bank, to bond subscribers.

RIL trades over a percent higher

The shares of RIl gained over a percent after the telecom subsidiary Jio of Mukesh Ambani owned company received the subscription amount of ₹33,737 crore from Google International LLC. Jio Platforms Limited has allotted equity shares to Google International, following which it now holds 7.73% of the fully-diluted equity share capital of Jio Platforms.

HDFC Bank’s market cap crosses ₹8 trillion

The shares of HDFC Bank soared over a percent after the company recorded a new high of ₹8 trillion market cap on November 25, during the early trading hours.

Sreeleathers down 2%

The shares of Sreeleathers fell over 2% after the board approved buyback of up to 20 lakh shares worth ₹32 crore.
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Tata Chemicals trade 2% higher

The shares of Tata Chemicals trade 2% higher after the company announced that it had appointed N Chandrasekaran as an additional director and chairman of the board of directors of the company, effective November 24.

Chandrasekaran also chairs the boards of several other Tata companies, including Tata Steel, Tata Motors, Tata Power, and Tata Consultancy Services (TCS).

Lasa Supergenerics opened 5% higher

The shares of Lasa Supergenerics opened 5% higher after the Bombay High Court restrained its competitors from manufacturing and dealing in Albendazole. It is one of the key products that makes Lasa a market leader worldwide.

SEE ALSO: Dow surges above 30,000 for the first time as investors cheer transition to Biden administration

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