Stocks

Infosys results help not only IT sectors but also others in Nifty gainers’ list

Yegyanarayanan R Coimbatore | Updated on March 12, 2018

The feel good factor generated by the Q 2 Infosys numbers seems to have rubbed on not only the IT sector but on other sectors as well as the top ten Nifty gainers’ list in the NSE showed on Wednesday.

It was not only the IT majors Infosys and HCL Tech who made it to the list but also companies from banking, steel and capital goods spaces as well.

In fact the overall mood was so buoyant that only five Nifty stocks could make it to the top ten losers’ list among them and five places were left vacant!

Infosys was the top gainer, going up by over 7 per cent to close at Rs 2681 with 43.28 lakh shares changing hands. SBI was next top gainer with the share up by 6.54 per cent to close at Rs 1880. Tata Motors was up by 5.23 per cent to close at Rs 186 with a staggering volume of 2.71 crore shares. Kotak Mahindra Bank (with a gain of 4.50 per cent and closing price Rs 473.50), Jindal Steel and Power (up 4.62 per cent - closing price Rs 509.60), HCL Tech (up 4.49 per cent- Rs 421.40), Axis Bank ( up 4.07 per cent and closing price Rs 1095.60), Punjab National Bank (up 3.96 per cent and closing price Rs 992.15), BHEL ( up 3.93 per cent and closing price Rs 339.60) and Sterlite ( up 3.80 per cent to close at Rs 120.20) were the others to make it to the top ten list.

Surprisingly TCS and Rcom which were in the top ten gainers' list till a few minutes before close were edged out by Tata Motors and Sterlite.

The Top ten Nifty losers’ list had only five names -Coal India (-2.53 per cent - closing price Rs 337), Tata Power (-1.41 per cent-closing rate Rs 101.25) and BPCL, Bharti Airtel and Ranbaxy, whose losses were less than a percent each.

Published on October 12, 2011

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