INSUBCONTINENT EXCLUSIVE:
NEW DELHI: HDFC Bank (Rs 335.68 crore) was the most active stock in terms of value on NSE in morning trade on Friday.
The bank's FII
Trading Window opens today
Sebi decided to open the window for institutional trading series (6 lakh series) just for a day on June 1, 2018
In fact, the regulator has decided to scrap the mechanism from July 1 onwards
ICICI Bank (Rs 317.54 crore) was up next among the most active stocks in value terms
The stock was buzzing after reports that CEO Chanda Kochhar has been asked to proceed on indefinite leave.
The decision has been taken
following the advice of seven independent directors on the bank's board, according to financial daily Mint.
Tech Mahindra (Rs 170.21
crore), HDFC (Rs 126.48 crore), Tata Steel (Rs 124.64 crore), DHFL (Rs 114.41 crore), Maruti Suzuki (Rs 112.93 crore), Reliance
Communication (Rs 108.25 crore) and Vedanta (Rs 104.16 crore) were also in the league of most active stocks in value terms.
Domestic equity
markets opened in the green on Friday cheered by better than expected Q4 GDP data
Indian economy grew at 7.7 per cent during January-March quarter of financial year 2017-18 compared with 6.1 per cent a year ago, driven by
gains in manufacturing and consumer spending
The NSE Nifty index was trading 18 points up at 10,754, while the BSE Sensex was up 76 points at 35,399 around 09:55 am.
In the Nifty
index, 28 stocks were trading up, while 22 were down.
ICICI Bank, Vedanta, Bajaj Auto, Maruti Suzuki India and Indiabulls Housing Finance
were the top gainers in the Nifty index.
On the other hand, Power Grid Corporation of India, Adani Ports Special Economic Zone, ONGC, GAIL
(India) and NTPC were among the top losers in the Nifty pack of stocks.
