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HDFC, YES Bank, HDFC Bank, Maruti Suzuki, Eicher Motors hit new highs

IndusInd Bank, Bajaj Finance, Godrej Consumer and L&T Finance from Nifty500 index also hit new highs

Nifty crosses 10,000 mark
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Nifty crosses 10,000 mark in early trade at NSE in Mumbai on Tuesday 25th July 2017 Photo: Kamlesh Pednekar

SI Reporter Mumbai
Housing Development Finance Corporation (HDFC), YES Bank, HDFC Bank, IndusInd Bank, Maruti Suzuki India and Eicher Motors from the Nifty 50 index hit their respective new highs on the National Stock Exchange (NSE) on Thursday.

YES Bank surged 5% to Rs 1,797, extending its Wednesday’s 6% rally on NSE, after the bank’s gross non-performing assets (GNPAs) has come down by Rs 654 crore in absolute terms and 55 bps QoQ to 0.97% during April-June (Q1FY18) quarter.

“For five consecutive quarters the bank has been delivering loan growth above 30%, with growth in Q1FY18 coming in at 32%. Deposit