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​Gainers and Losers: HDFC twins among top stocks that hogged limelight today​ – Newsmakers of D-Street

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By Dustin Moskovitz
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​Gainers & Losers: HDFC twins among top stocks that hogged limelight today​ – Newsmakers of D-Street | The Economic Times

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Newsmakers of D-Street

The benchmark indices rose on Friday, with the Sensex hitting a record closing high on a rally in IT companies and banks, as cooling US inflation raised hopes for a less hawkish Federal Reserve. Nifty also hit a new 52-week high of 18,362.30 and closed 1.78% higher at a more-than-one-year high of 18,349.70

Meanwhile, broader markets underperformed the headline indices.

Here are some of the stocks that were in news today:

iStock

HDFC Twins
Shares of both HDFC Bank and HDFC jumped over 6% each to Rs 1611.15 and Rs 2651.7 per share, respectively. The rally was fuelled after the global index aggregator MSCI modified its methodology for considering M&As and removed a major technical overhang on the stocks.

TOI-Online

​Apollo Hospitals​

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​Apollo Hospitals​

Shares of the hospital ended over 3% higher at Rs 4421.4 after the company posted better-than-expected results.

Agencies

​Nykaa​
Shares of Nykaa ended over 10% higher at Rs 207.85 after the stock traded ex-bonus on Thursday. Also, the mandatory 1-year lock-in period concluded yesterday.

Reuters

​
Shares of food aggregators ended higher by 14% at Rs 72.80 after the company’s loss during the quarter narrowed.

Agencies

​Indian Hotels​
Shares of Tata Group-owned Indian Hotels (IHCL) ended with a cut of 7% at Rs 315.35 on the NSE. The company on Thursday reported a profit after tax (PAT) of Rs 122 crore for the second quarter of FY23, compared with a loss of Rs 121 crore in the same period last year.

ETMarkets.com

​​Mahindra & Mahindra​

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​​Mahindra & Mahindra​

The auto major’s stock ended with a cut of around 1% at Rs 1287.1 after the company today reported a 46% YoY jump in its standalone profit after tax (PAT) at Rs 2,090 crore in the September quarter of the current financial year.

Agencies

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