Indian share markets opened on negative note on Thursday, with the Sensex falling over 100 points and the NSE Nifty50 down almost 40 points, while the Nifty shed 50 points in trade today, after the US Federal increased interest rates and signlled at two more hikes, this year.
Here are a few stocks that were buzzing in trade today based on news:
ICICI Bank Limited to sell 2 percent stakes in its life insurance arm, ICICI Prudential Life Insurance. ICICI bank shares were last observed trading at Rs 286.95, down by 1.32 percent.
Adani Transmission Limited– The stock of Adani Transmission went upto 3 percent in morning trade as the company received Letter of Intent (LoI) for the intra-state transmission project in UP.
Dish TV India Limited– Shares in Dish TV India Ltd were last seen trading at Rs 74.75, up 1.84 percent today after prominent investor Rakesh Jhunjhunwala bought shares valued Rs 93.00 crore. He picked up a 0.7% stake, (1.3 crore shares), in Dish TV India Limited through Rare Enterprises.
HDFC Bank shares gained significantly, in a falling market after the govt approved a stake hike in the company. The shares were last seen trading at Rs 2038.95, up 0.18% during Thursdays’ morning session.