Get App Open
In App
Credit Cards
Open App
Loans
Loans

Top Nifty gainers and losers: Coal India, Maruti soar, IT stocks tumble

Veer Sharma | October 12, 2023 / 16:00 IST
1/11
..
The Sensex was down 64.6 points or 0.10 percent at 66,408.39, and the Nifty fell 27.50 points or 0.14 percent at 19,783.80. About 2,086 shares advanced, 1,459 declined and 126 were unchanged.
2/11
..
Coal India Ltd: The shares of the public sector unit traded 1.5 percent higher at Rs 306 after the company said that a three-day strike call given by five central trade unions has been deferred. The representatives of trade unions, while considering the appeal of management, conveyed that the strike in the establishments of CIL and its subsidiaries is deferred," Coal India said.
3/11
..
Maruti Suzuki India Ltd: The country's largest automobile company stock traded over 1.8 percent higher at Rs 10,595, gaining for the third day in a row after the company said it started exports of the Jimny 5-Door. "The vehicle will be shipped to destinations including Latin America, Middle East, and Africa regions".  Jimny 5-Door was launched in the domestic market in June.
4/11
..
BPCL: The share price of the petroleum major jumped almost 2 percent to Rs 348, gaining for the third day. The surge comes after domestic brokerage firm Citi maintained a "buy" rating and assigned a target price of Rs 445 to the stock. Robust Q2 earnings are on the cards, which should cement expectations of a healthy interim dividend.
5/11
..
NTPC Ltd: The stock was up nearly 1.2 percent at Rs 241, extending gains for the third day. Volumes were fairly low as only 52 lakh shares changed hands against the one-week average of 1 crore shares.
6/11
..
Power Grid Corp Ltd: Shares of the company darted up over 1 percent to close at Rs 201 on October 12. Volumes were healthy in today's session as 2 crore shares changed hands as against the 1-week average of about 1 crore shares.
7/11
..
TCS Ltd: The IT major stock fell 1.9 percent to Rs 3,542, a day after the company posted tepid numbers in Q2. The lower-than-expected revenue for the July-September quarter turned out to be a disappointment for brokerages.
8/11
..
HCL Tech Ltd: Shares of the company closed nearly 2 percent to Rs 1,223 ahead of its Q2 results. HCL Tech is likely to report a recovery in revenue growth and net profit growth even amid a slowdown in tech spending.
9/11
..
Infosys Ltd: The IT company stock was down 2.26 percent at Rs 1,460 ahead of its Q2 results. As per research, Infosys is likely to see a marginal decline in revenue on a sequential basis to Rs 37,694 crore in the July-September quarter of fiscal year 2023-24 (Q2FY24) amid weak discretionary spending and slower deal ramp-ups, said analysts.
10/11
..
Apollo Hospitals Enterprises Ltd: Shares of the healthcare major to Rs 4,993, down 2 percent from the previous close on the NSE. More than 10 lakh shares changed hands, much above the 1-month average of 4 lakh shares.
11/11
..
Tech Mahindra Ltd: Shares of the IT company slid almost 3 percent to Rs 1,197, becoming the top losers on the NIfty. Volumes were low as only 7 lakh shares changed hands as against the 1-month average of 25 lakh shares.

Discover the latest Business News, Budget 2025 News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347