Home Market Buzzing stocks: Ashok Leyland, PC Jeweller, RIL, Bajaj Finance

Buzzing stocks: Ashok Leyland, PC Jeweller, RIL, Bajaj Finance

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NEW DELHI: Ashok Leyland, with over 1.16 crore shares changing hands, was leading the pack of most traded stocks on NSE early Friday.

It was followed by PC Jeweller (Rs 0.87 crore), Adani Power (0.85 crore), Jaiprakash Associates (0.72 crore) and Jain Irrigation (0.43 crore).

On the other hand, Reliance Industries (RIL) (Rs 157.95 crore) emerged as the most active stock in terms of value on NSE during morning session on Friday.

Bajaj Finance (Rs 156.78 crore), Mindtree (Rs 152.37 crore), Ashok Leyland (Rs 125.06 crore), Infosys (Rs 102.71 crore), Kotak Mahindra Bank (Rs 89.93 crore), Hindalco Industries (Rs 80.13 crore) and HDFC Bank (Rs 76.90 crore) too featured among the most active stocks in value terms.

Benchmark indices opened on a cautious noted on Friday ahead of debate and vote over the no-confidence motion against the Modi government and a slump in rupee value to a record low against US dollar.

Rupee tumbled amid political uncertainty. The domestic currency hit a record low of 69.12 against dollar in early trade on Friday, led by selling by banks and exporters.

However, gains in heavyweights including Reliance Industries, Infosys and ICICI Bank lifted the market up.

The NSE Nifty index was trading 16 points up at 10,973, while the BSE Sensex was up 70 points at 36,421 around 09:40 am.

In the Nifty index, 25 stocks were in the green, while 25 were in the red.

Infosys, ICICI Bank, HCL Technologies, Tech Mahindra and Reliance Industries were leading among Nifty gainers.

On the other hand, BPCL, Vedanta, HPCL, Indian Oil Corporation and Asian Paints were among the top losers in the Nifty index.

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