Indian equity benchmarks were trading higher today. The 30-share BSE Sensex rose 453 points to 66,532 and Nifty gained 132 pts to 19,822.
VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, “Stock market has a unique ability to climb many walls of worries. If the undertone of the market is bullish, the market will climb worrying walls which may appear formidable. It is important to appreciate the fact that amid the West Asian crisis, markets are resilient globally. The fact that Nifty is just 2.5% away from the all-time high indicates the strength and resilience of the market. However, investors should remain cautious since the Israel-Hamas conflict taking a turn for the worse cannot be ruled out."
Shares of Zomato gained over 2% to a fresh 52-week high of Rs 109.05. Market cap of the firm rose to Rs 92,928 crore. Total 29.29 lakh shares of the firm changed hands amounting to a high turnover of Rs 31.62 crore on BSE.
Shares of Radico Khaitan gained over 3% to Rs 1,255. Market cap of the firm climbed to Rs 16,713 crore. Total 4.22 lakh shares of the firm changed hands amounting to a high turnover of Rs 52.77 crore on BSE.
Shares of Bank of Baroda slipped nearly 4% in early deals today after the Reserve Bank of India (RBI) asked the state-owned lender to suspend any further on-boarding of customers on to its mobile banking app with immediate effect. Bank of Baroda stock slipped 3.71% to Rs 206.25 against the previous close of Rs 214.20 on BSE. Market cap of the bank fell to Rs 1.07 lakh crore.
Shares of gaming and casino firm are in focus ahead of Q2 and first half (H1) earnings set to be announced today. Delta Corp stock was trading flat at Rs 143.35 against the close of Rs 142.20 in the previous session (October 10). Total 1.88 lakh shares of the firm changed hands amounting to a turnover of Rs 2.70 crore on BSE.
Shares of Suzlon Energy hit upper circuit of 5% at Rs 27.72 in early deals, snapping two days of losing streak today. Suzlon Energy's market cap rose to Rs 37,626 crore. Total 193.60 lakh shares of the firm changed hands amounting to the highest turnover of Rs 53.52 crore in morning trade.
Shares of IRFC climbed nearly 3% to Rs 77.67 in early deals. IRFC's market cap rose to Rs 99,451 crore. Total 53.39 lakh shares of the firm changed hands amounting to a high turnover of Rs 41.07 crore in morning trade.
Shares of Vodafone Idea climbed 7% to Rs 11.84 in early deals. Vodafone Idea’s market cap rose to Rs 56,857 crore. Total 389.18 lakh shares of the firm changed hands amounting to a high turnover of Rs 44.84 crore on BSE.
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