Markets

YES Bank, ICICI Bank most active in terms of value

NEW DELHI: Shares of YES Bank (Rs 412.79 crore) emerged as the most active stock in terms of value on NSE in Thursday’s trade after it reported a 32 per cent rise in net profit to Rs 966 crore in the quarter through June, driven by strong loan demand.

It was followed by IT firm HCL Technologies (0.12 crore) which reported today a 10.7 per cent sequential fall in net profit at Rs 2,210 crore for the June quarter.

Other major stocks such as ICICI Bank (Rs 102.22 crore), HDFC (Rs 85.80 crore), Maruti Suzuki (Rs 64.22 crore), Reliance Industries (Rs 58.03 crore), ITC (Rs 49.87 crore), Titan Company (Rs 43.97 crore), Idea Cellular (Rs 43.86 crore), State Bank of India (Rs 41.20 crore), Infosys (Rs 40.36 crore), Axis Bank (Rs 34.76 crore) and Vedanta (Rs 34.14 crore) were also in the pack.

Backed by positive global cues and a fresh spell of buying in bank, IT and auto stocks, the benchmark indices soared to touch their all-time high during early trade.

However, pharma and metal stocks experienced mild selling pressure.

Nifty50 and Sensex touched their fresh all-time highs at 10,092.20 and 32621.42, respectively.

Dovish comments by the US Fed in its two-day meet that concluded overnight and short coverings ahead of the expiry of July series futures and options contracts boosted the indices.

Benchmark Nifty50 index was 71 points up at 10,091, while the 30-share Sensex was 202 points up at 32,584 around 10.15 am (IST).


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