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Stock Market Updates: Sensex, Nifty Rise Led by IT; HDFC Bank Gains, Dabur Falls

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by Sandip Das on 4 April 2024,  5 min read

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The Indian stock market was trading in the green with Sensex up 418 points at 74,295.27 while Nifty gained 102 points and was trading at 22,537.10.

Around 2,387 stocks advanced and 1,420 declined while 107 stocks remained unchanged.

Among the sectors, IT and Private Bank index gained 1 percent each followed by the auto index.

Top Nifty50 Gainers
Company Name Last Traded Price (Rs) % Change
HDFC Bank 1524.9 2.87
Asian Paints 2937.25 2.37
Tech Mahindra 1284.7 2.35
Eicher Motors 4021.75 2.23
TCS 4024 1.94
Top Nifty50 Losers
Company Name Last Traded Price (Rs) % Change
ONGC 269.35 -2.18
Shriram Finance 2512.4 -1.72
Adani Ports 1375.45 -1.56
BPCL 602.1 -1.45
Bharti Airtel 1208.75 -1.38
Stocks in Action
HDFC Bank

Share price of HDFC Bank gained over 2 percent after the country’s largest private lender shared robust business update for the quarter ended on March 31, 2024. HDFC Bank’s gross advances aggregated to Rs 25.08 lakh crore, growing 55.4 percent from the year-ago period, the lender said in a regulatory filing on April 3.

Also read: Bharti Hexacom IPO: Top Things to Know Before Subscribing to The Issue
Dabur India

The stock price of Dabur India was down over 4 percent after the company announced a mid-single digit revenue growth in the January-to-March quarter. The company’s India business and home and personal care segment is expected to grow in high-single digits, said the company in its Q4FY24 result update.

Disclaimer: The information provided in this blog post is for informational purposes only and should not be construed as investment or trading advice. The author is not a financial advisor and does not have any professional qualifications in this area. The author does not guarantee the accuracy or completeness of the information provided. Any action you take based on the information in this blog post is done at your own risk. Please consult with a financial advisor before making any investment.

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