Market update:
The markets on Tuesday were trading lower with sensex losing over 500 points and Nifty Bank Losing over 300 points as Banking and Financial stocks drag the markets the most. IndusInd Bank and 5paisa capita among the top stocks in news.
Top stocks in news
1)IndusInd Bank
The stock price saw a drastic downfall of nearly 5% in the early trade on Tuesday. The stock was at day’s low at Rs 512.30 after opening at Rs 535.00, Being the top loser of Nifty it became the top stock in news as well.
2)Bharti Airtel
The stock price was at day’s high at 595.25 in the mid session on July 14. Share price surged over 1 percent being the top gainer of Nifty when the benchmark indices were trading lower on Tuesday after TRAI asked top two telecom companies to hold priority plans last week.
3)5Paisa Capita
The stock was at 52-Week high yet again on Tuesday after the company posted their quarterly results on Monday. The results posted profit of Rs 42 Crore which is up by 85.16% Y-o-Y. On Tuesday, the stock was at a record high of 325.20.
4) Eveready Ind
The stock on Tuesday surged 10% at early trade gaining over 8 points with a large number of Buying ratio among the traders. The stock price was at day’s high of 89.10.