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Bandhan Bank shares fall 0.88% as Nifty gains

Updated at : 2023-06-02 15:35:02

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The stock quoted a 52-week high price of Rs 335.5 and a 52-week low of Rs 182.2.

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The Relative Strength Index of the stock stood at 75.92 on Friday.

Positive global cues and better-than-expected GDP data led to a rise in domestic equities on Friday. A total of 169 stocks hit fresh 52-week highs and gave considerable returns across largecaps, midcaps and smallcaps. Among the largecaps, 19 stocks including Power Finance Corporation, DLF, Tata Motors and Britannia hit their 52-week highs. Newly listed Mankind Pharma also touched its 52-week high. A brokerage firm is positive about the auto sector, specifically suggesting Bajaj Auto for 2Ws and M&M and MSIL for PVs. Aditya Birla Capital’s shares hit a 52-week high after the board approved preferential issuance of Rs 1,250 crore to its promoter and promoter group entity.

Ashok Leyland shares down 0.78% as Sensex rises

Updated at : 2023-06-02 15:35:02

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A total of 274,454 shares changed hands on the counter till 02:12PM (IST)

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According to global brokerage Credit Suisse, improving external trade balance, FPI inflows and healthy forex reserves can provide stability to the Indian rupee.

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The Relative Strength Index of the stock stood at 63.82 on Friday.

The fourth quarter earnings were largely in line with expectations, with index heavyweights doing the heavy lifting.

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As of 31-Mar-2023, promoters held 62.55 per cent stake in the company, while FIIs held 12.82 per cent and domestic institutional investors had 6.88 per cent.

Indian Oil Corp. shares fall 0.35% as Nifty gains

Updated at : 2023-06-02 14:20:02

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The stock quoted a 52-week high price of Rs 91.43 and a 52-week low of Rs 65.2.

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