INSUBCONTINENT EXCLUSIVE:
NEW DELHI: with over 1.90 crore shares changing hands, Reliance Communications emerged as the most traded stock on NSE in morning trade on
Tuesday.
PC Jeweller (number of shares traded: 1.79 crore) and Jaiprakash Associates (1.41 crore) were up next.
Ashok Leyland (0.78 crore),
Suzlon Energy (0.75 crore), IDBI Bank (0.63 crore), IDFC Bank (0.59 crore) and Punjab National Bank (0.58 crore) also featured among the
most traded stocks.
On the other hand, Hindustan Unilever (HUL) (Rs 454.47 crore) was leading the pack of most active stocks in terms of
value on NSE.
Hindustan Unilever on Monday reported a 19.17 per cent increase in standalone net profit at Rs 1,529 crore for the first
quarter ended June 30, 2018 compared with Rs 1,283 crore in the year-ago period
Reliance Industries (RIL) (Rs 236.12 crore), Infosys (Rs 218.38 crore), Tata Steel (Rs 185.65 crore), YES Bank (Rs 164.41 crore), PC
Jeweller (Rs 159.06 crore), Tata Consultancy Services (Rs 157.11 crore), HDFC (Rs 141.94 crore), HPCL (Rs 103.01 crore) and ICICI Bank (Rs
100.55 crore) too appeared in the league of most active stocks in value terms, in that order.
Benchmark indices opened on a positive note as
investors cheered a sharp drop in crude oil prices overseas
This is in the backdrop of a trim in India's growth forecast by IMF by 10 basis points to 7.3 per cent for the current year, citing
higher crude prices and faster-than-anticipated monetary tightening
The NSE Nifty50 index was up 40 points at 10,977, while the BSE Sensex was up 97 points at 36,420.
Among the 50 stocks in the Nifty index,
39 were trading in the green, while 11 were in the red
Shares of oil marketing companies were witnessing decent traction
HPCL, Indian Oil Corporation, BPCL and GAIL were leading the pack of Nifty gainers.
