Benchmark indices ended higher for the third consecutive session on September 5. Top gainers on the Nifty were Apollo Hospitals, Coal India, Sun Pharma, BPCL and Bajaj Auto, while losers included UltraTech Cement, SBI Life Insurance, Dr Reddy's Laboratories, Maruti Suzuki and Eicher Motors.
Shares of DLF scaled a 52-week high on September 5 after the real estate major said that it has a pipeline of residential project launches worth nearly Rs 20,000 crore spread across the country scheduled for this fiscal. The scrip closed at Rs 521.30
Railway stocks continued their upmove on Tuesday, indicating a renewed sense of optimism in the sector. Shares of Rail Vikas Nigam Ltd (RVNL), Titagarh Rail Systems, Jupiter Wagons, Texmaco Rail and Engineering, IRCTC, Railtel Corporation of India and RITES have surged 5-24% in the past one week
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Dilip Buildcon share prices rose 6% intraday on September 5 after the company's JV bagged an order worth Rs 1,275.3 crore. The said order is to be completed in 24 months. The scrip closed at Rs 323.55
Raymond shares surged 12% after touching a 52-week high on September 5 after brokerages turned positive on the stock. Jefferies has a buy rating on the stock with a target price of Rs 2,600. The foreign brokerage firm said that Raymond has addressed investor concerns on debt. The scrip ended at Rs 2,164.00
Yes Bank shares rose on Tuesday amid the settlement between JC Flowers Asset Reconstruction Company and Subhash Chandra. The stock later fell when the private sector lender clarified that post the sale of identified loan portfolio to JC Flower ARC in December 2022, it has no further role in settlements or negotiations being undertaken by JC Flower ARC. The scrip closed at Rs 18.10
Coforge share price jumped on September 5 as the company announced the launch of ARC (Authorization Rules Center) for the healthcare industry to transform the prior authorization process for health insurers and providers. The scrip closed at Rs 5,618.00
The PSU bank shares spurted up to 8% on Tuesday, taking the sectoral index, Nifty PSU Bank, to a record high. Punjab and Sind Bank jumped more than 8%, nearing its 52-week high. Punjab National Bank raced to a 52-week high, rising by more than 1%
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