Top Gainers & Losers: Bajaj Auto, Royal Enfield maker stocks rise most among blue chips; TCS, Infosys take a breather ahead of results
Top Gainers & Losers: JSW Steel, Eicher Motors, Bajaj Auto and Tata Steel were among the top gainers in the Nifty basket on Tuesday, whereas TCS, Infosys, HCL Tech and Wipro were the top losers. The headline index added 98.3 points for the day to settle at 17,722.3.
Top Gainers & Losers: Indian equity benchmark Sensex reclaimed the 60,000 mark on Tuesday, propelled by robust buying in financial, FMCG and metal shares amid a firm trend in global equities and continuous foreign capital inflows. Investors await the onset of the corporate earnings season, with Tata Consultancy Services (TCS) slated to announce its financial results for the January-March 2023 period on Wednesday.
The Sensex rose 311.2 points or 0.5 per cent to end at 60,157.7 and the Nifty added 98.3 points or 0.6 per cent for the day to settle at 17,722.3 — both extending gains for a seventh straight session.
JSW Steel, Eicher Motors, Bajaj Auto and Tata Steel were among the top gainers in the Nifty basket, whereas TCS, Infosys, HCL Tech and Wipro were the top losers.
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Here's a look at some of the blue-chip stocks that moved the most on Tuesday:
Eicher Motors
Eicher Motors shares were among the top gainers among gainers in the 50-scrip basket, rising nearly three per cent to Rs 3,056.2 apiece on NSE.
Motilal Oswal Financial Services has given a ‘buy’ rating on Eicher Motors — the manufacturer of Royal Enfield motorcycles — with a target price of Rs 3,625, which implies upside potential of 18.6 per cent from its current market price.
Image: NSE
Bajaj Auto
Bajaj Auto stock climbed up nearly three per cent to Rs 4,171 per share on NSE.
Image: NSE
TCS
TCS was the top laggard in the Nifty50 pack, declining nearly two per cent for the day to Rs 3,205 apiece on the bourse.
Centrum Broking has a ‘buy’ rating on TCS with a target of Rs 3,607 apiece (12.5 per cent upside).
Image: NSE
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