Top stock movers — TCS, ITC, HCL Tech, Yes Bank, ICICI Securities, ITI, Pfizer India, and others

• The 30-share BSE index, Sensex was trading 285.62 points higher at 45,894.13. And, the NSE Nifty rose 78.25 points to 13,471.20.
• 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.

Indian equity benchmark indexes touched a fresh lifetime peak in early trade on Wednesday tracking gains in index majors Reliance Industries, TCS and Infosys amid persistent foreign fund inflow and positive cues from global markets.

The 30-share BSE index, Sensex was trading 285.62 points higher at 45,894.13. And, the NSE Nifty rose 78.25 points to 13,471.20.

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

*as of December 9, 10:00 am

These are the top stocks in news today.

ICICI Securities trades 3% higher

The shares of ICICI Securities gained over 3% as ICICI Bank gears up to sell up to 2.21% stake in brokerage arm ICICI Securities through an offer for sale. The floor price for the sale that begins today has been fixed at ₹440 apiece, and it may fetch the bank at least ₹313 crore. The shares of ICICI Bank were also trading in green.

JSW Steel opens 2% higher

The shares of JSW Steel opened 2% higher after it reported 3% growth in its crude steel production to 13.32 lakh tonnes (LT) for November 2020. The company’s output stood at 12.90 LT in the corresponding month last year, the steelmaker said in a statement.

ITI rallies 4%

The shares of ITI rallied over 4% after a senior official of the IT major Tech Mahindra said the company along with the state-run telecom manufacturing firm ITI should be able to provide a 5G technology ecosystem in India including 5G-enabled devices, core system etc.

Yes Bank soars nearly 10%

The shares of Yes Bank soared nearly 10% after Brickwork Ratings upgraded the rating of Tier I Subordinated Perpetual Bonds (Basel II) of Yes Bank to ‘stable’.

TCS trades over a percent higher

The shares of TCS were trading nearly a percent higher after the company launched a new Blockchain-based Digital Bank Guarantee Platform in Israel powered by the Quartz Blockchain solution. Israel’s largest bank, Bank Hapoalim, has signed up as the anchor customer for the platform.

Pfizer India shares soar 2%

The shares of Pfizer India soared nearly 2% after the US regulator USFDA released its first scientific evaluation of Pfizer’s Covid-19 vaccine and confirmed that Pfizer’s COVID-19 vaccine has a ‘favourable safety profile.’

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