Top Gainers & Losers: Indian equity benchmark indices ended nearly 1 per cent higher on Thursday amid continuous foreign fund inflows and buying in index majors HDFC twins and Reliance Industries. BSE Sensex climbed 555.95 points or 0.91 per cent to settle at 61,749.25 and NSE Nifty advanced 165.95 points or 0.92 per cent to end at 18,255.80.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

From the Nifty50 firms, Adani Enterprises, Bajaj Finance, HDFC, SBI Life Insurance, and HDFC Bank were the biggest gainers.

HDFC climbed 2.59 per cent after the housing finance major on Thursday reported a 20 per cent growth in standalone net profit to Rs 4,425 crore for the quarter ending March 2023 on the back of higher interest income.

Conversely, IndusInd Bank, UPL, Nestle, Power Grid and ITC were the major laggards.

Here's a look at some of the blue-chip stocks that moved the most on Thursday:

Bajaj Finance 

Bajaj Finance stock was among the top gainers on Nifty50, it rose over 3 per cent to Rs 6,379 per share on the NSE.

Brokerage firm Anand Rathi has maintained 'buy' call on shares of Bajaj Finance for a target price of Rs 8,123 which is an upside of 27.3 per cent.

The brokerage is bullish on company's loan growth, high net interest margin, and steady asset quality.

stock market updates here. For more news on sports, politics follow Zee Business