Infosys, YES Bank among most active stocks in terms of value

NEW DELHI: Shares of Larsen & Toubro (Rs 275.33 crore), followed by Infosys (Rs 239.08 crore), YES Bank (Rs 164.16 crore), LIC Housing Finance (Rs 155.57 crore) and HDFC (Rs 131.78 crore) were among the most active stocks in terms of value on NSE in Monday’s trade.

Larsen & Toubro (L&T), on Friday, reported a 46 per cent year-on-year (YoY) rise in consolidated profit at Rs 893 crore for the June quarter. The engineering and construction major reported Rs 610 crore profit in the same quarter last year.

The pack included stocks such as Reliance Industries (Rs 102.88 crore), Lupin (Rs 102.41 crore), ITC (Rs 72.44 crore), Tata Steel (Rs 57.51 crore), ICICI Bank (Rs 55.41 crore), Oil and Natural Gas Corporation (Rs 53.69 crore) and State Bank of India (Rs 50.42 crore) as well.

Benchmark indices remained firm after registering a cautious start on account of mixed cues from global markets.

Major metal, auto and banking stocks were trading up.

However, Pharma stocks were the biggest losers. Dr. Reddy’s Laboratories (down 1.92 per cent) and Sun Pharma (down 1.80 per cent) slipped nearly 2 per cent on NSE.

Larsen & Toubro (up 2.95 per cent), ONGC (up 2.67 per cent), Tata Steel (up 2.27 per cent), Kotak Bank (up 1.52 per cent), Vedanta (up 1.46 per cent), Indian Oil Corp (up 1.41 per cent) and ICICI Bank (up 1.23 per cent) were topping the Nifty chart.

Benchmark Nifty50 index was 25 points up at 10,039, while the 30-share Sensex was 85 points up at 32,395 around 10.05 am (IST).

In the Nifty50 pack, 23 stocks were trading in green, while 19 stocks were in red.

On BSE, 1,113 stocks were advancing whereas 763 stocks were lagging.

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