Axis Bank Leads Nifty 50 Gainers As Markets Make A Comeback

In Friday’s trading, Axis Bank Limited led the pack in the NIFTY 50 index. On the other hand, Dr. Reddy’s Laboratories Limited was the biggest underperformer.

Axis Bank saw its stock price increase by 3.16% from its last close, hitting ₹1002.75. The bank shares continued to trade higher for the second straight session after the company’s September quarter results impressed investors.

StockCurrent PriceLast Close% Change
Axis Bank Limited₹1002.75₹972.053.16%
HCL Technologies Limited₹1268.7₹1231.83.0%
Coal India Limited₹313.95₹305.252.85%
Adani Enterprises Limited₹2261.7₹2203.22.66%
State Bank of India₹561.15₹547.02.59%
Top Gainers.
StockCurrent PriceLast Close% Change
Dr. Reddy’s Laboratories Limited₹5397.3₹5421.95-0.45%
UPL Limited₹558.65₹561.05-0.43%
SBI Life Insurance Company Limited₹1302.9₹1305.6-0.21%
Asian Paints Limited₹2955.15₹2960.3-0.17%
ITC Limited₹433.75₹434.35-0.14%
Top Losers.

Next in line among the top gainers was HCL Technologies Limited, with a 2.995% rise to ₹1268.70. Coal India Limited also had a strong showing, with its stock price growing by 2.85% to ₹313.95.

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Adani Enterprises Limited and State Bank of India rounded off the top five gainers with their stock prices increasing by 2.66% and 2.59%, respectively.

On the other hand, the day was not as favourable for Dr. Reddy’s Laboratories Limited. The pharmaceutical giant saw its stock price decrease by 0.45%, taking it down to ₹5397.30.

UPL Limited wasn’t far behind in the list of underperformers, with its stock price decreasing by 0.43% to ₹558.65. The company is a key player in the sustainable agriculture products sector.

SBI Life Insurance Company LimitedAsian Paints Limited and ITC Limited also experienced slight dips in their stock prices, with decreases of 0.21%, 0.17% and 0.14%, respectively.

The Indian markets made a comeback at the bourses to end a rough week. Both the Nifty 50 and Sensex jumped up over 1% to close on Friday.

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