The Nifty 50 reclaimed the 24,600 mark, closing
Auto stocks continued to attract buyers ahead of the festive season, with Hero MotoCorp emerging as the top gainer in the segment. Apollo Hospitals topped the Nifty gainers list, surging 8% after reporting a strong first quarter. Hindalco Industries rose over 5% on positive commentary, while the pharma pack
Also Read: Premier Explosives shares gain 12% after it reports strong revenue, order book growth
Defence stocks saw buying interest following a healthy Q1 performance by Hindustan Aeronautics Ltd (HAL) and a positive brokerage note for Bharat Dynamics Ltd (BDL). Among laggards, IndusInd Bank ended 1% lower after the Mumbai Economic Offences Wing (EOW) launched a preliminary enquiry into accounting lapses.
Suzlon
Samvardhana Motherson gained 3% following positive commentary despite a miss in Q1 results. Paytm rose 2% after receiving the Reserve Bank of India’s approval to onboard merchants.
Also Read: Stocks Of The Day: Newsflow drives gains of up to 20% in these seven companies
LIC shares slipped on