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July 23: Here are the top 10 stocks that trended today
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July 23: Here are the top 10 stocks that trended today
Jul 23, 2018 7:21 AM

Indian markets ended on a bullish note on Monday, giving a solid start to the week, with gains posted on the back of bank, metal, FMCG shares, while IT and auto stocks underperformed. MidCaps also helped in the rally with late surge.

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Here are the top 10 stocks that trended today:

ITC: Can easily be called the stock of the day as it lifted overall sentiments in the morning and noon trade. It contributed almost over 80 percent to the Nifty gains, which kept the broader index in the green. ITC trades at a 35 percent discount to FMCG peers like Hindustan Unilever ltd. At end, ITC shares traded at Rs 283.95, rising by 3.63 percent on the NSE.

South Indian Bank: Shares plunged 18 percent amid investors worry over a fall in its net profit. The stock touched an intraday high of Rs 20.60 and an intraday low of Rs 18.45. At end, it was at Rs 18.60, down by 17.15 percent on the BSE.

Bata India: Shares ended at Rs 900.90, rising nearly 7 percent on the BSE after the footwear retailer posted a posted a 36.6 percent jump in Q1 profit on Friday. Bata stock marks its biggest intraday percent gain since April 2016. More than 5.3 million shares traded, compared with the 30-day average of about 1.2 million shares. Intraday, the stock ranged between Rs 905.40 and Rs 856, after opening at Rs 877.70.

Havells India: Shares closed at Rs 610.60, jumping 9.13 percent. It touched a record high of Rs 614.70 after posting a 73 percent jump in June-quarter net profit on Friday, beating analysts’ estimates.

HDFC Bank: Shares of India’s biggest lender by market-cap HDFC Bank fell as much as 2.3 percent to Rs 2138.1 after June results miss Street expectations. At close, HDFC Bank share traded at Rs 2157.75. Intraday, it touched a high of Rs 2177.70 on the BSE.

SpiceJet: Shares of the aviation company settled at Rs 109.70, before rising as much as 9.5 percent to Rs 114.8, their highest in a week. The stock was down 28.2 percent this year but made sharpest intraday percent jump in seven weeks.

UPL: The agro-chemical company’s shares rose 15 percent to Rs 631.65, posting biggest intraday gains in eight years after the Arysta acquisition. It touched an intraday high of Rs 639.65 on the BSE.

Hero MotoCorp, Bajaj Auto: Shares of rival two-wheeler company’s declined 6.58 and 5.34 percent on the NSE respectively after the later announced its plans to pursue market share at the cost of margins.

Asian Paints: Shares ended at Rs 1433.70, before touching an intraday high of Rs 1465.10, or rising by over 5 percent after the GST Council slashed tax rates.

Wipro: Shares of IT firm slipped as much 7 percent in morning trade on Monday after it signaled a flattish guidance for the next quarter. Wipro hit an intraday low of Rs 263.35 in the first 15 minutes of trade which is close to its 52-week low of Rs 253.50. It finally settled at Rs 276.05, down by 2.47 percent.

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