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HDFC shares earlier this month scaled a lifetime high of Rs 2,926 and its market capitalization swelled to over Rs 5 lakh crore. The stellar growth in HDFC stock over the last 3 decades has been backed by its aggressive expansion plans from being just a retail home loan company.

As per a report of ICICI Direct, key additions by AMCs in June include Suzlon Energy, IIFL Finance, Bank of Maharashtra and more.

Bharat Heavy Electricals, incorporated in the year 1964, is a Mid Cap company (having a market cap of Rs 33323.35 Crore) operating in Engineering sector.

The Nifty Pharma index was trading 0.33 per cent up at 13940.95.

A total of 519,653 shares changed hands on the counter till 10:15AM (IST).

Morgan Stanley maintained an overweight rating on RIL with a target price of Rs 3210. Starting to monetize multiple investments, simultaneously still deploying capital in new areas.The narrative will shift from earnings positively to an upgrade cycle. The net debt is nearing its peak and closer to EBITDA run rate.stocks

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond.

​This means the average traded quantity of a stock for 5 days along with its cumulative open interest have increased whereas the price has decreased​

Bulls are trying their best to take prices above the range as in the last few days volumes rose. Once it breaches the resistance level of 288, we can expect a sharp up move in the stock.

Goldman Sachs, Massachusetts Institute of Technology Basic Retirement Plan Trust, Aditya Birla Sun Life Mutual Fund (MF), Edelweiss MF, ICICI Prudential MF, and Kotak Mahindra MF are among the anchor investors.