HDFC Bank, HDFC, ITC contribute over 50% of Sensex 400 points rally

HDFC Bank, HDFC and ITC collectively contributed 238 points to the Sensex's 407 points rise, which trading at 35,489 on Thursday at 12:57 PM, the BSE data showed.

markets, stocks, sensex, nifty, bse, nse
Photo: Shutterstock
SI Reporter Mumbai
Last Updated : Jan 18 2018 | 1:51 PM IST
HDFC twins – HDFC Bank and Housing Development Finance Corporation (HDFC) - and fast moving consumer goods (FMCG) giant ITC collectively contributed more than half of the Sensex 400 points rally.

These three stocks collectively contributed 238 points to the Sensex’s 407 points rise, which trading at 35,489 on Thursday at 12:57 PM, the BSE data showed. The index hit a new high of 35,507 in intra-day trade today.

Besides, three stocks – ICICI Bank, Larsen & Toubro (L&T), IndusInd Bank, Maruti Suzuki India and YES Bank, these five stocks combined contributed 130 points of the total benchmark index rally.

HDFC Bank, HDFC, L&T and Hindustan Unilever are four stocks from the Sensex hit their respective all-time highs in intra-day today.

HDFC Bank saw its market capitalisation (market-cap) crossing Rs 5-trillion after the share price of the bank hit a new high today. The country’s private sector lender becoming the third firm after Reliance Industries (RIL) and Tata Consultancy Services (TCS) to achieve this milestone.

The S&P BSE Midcap and the S&P BSE Smallcap index were trading lower by 0.34% and 0.3%, respectively.

Company LTP Change Val Pts Contribution
HDFCBANK 1941.75 50.65 105
ITC 273.75 7.85 68
HDFC 1900.00 40.05 65
ICICIBANK 349.15 6.05 40
LT 1375.00 22.75 28
MARUTI 9470.00 158.00 21
INDUSINDBK 1696.35 39.35 20
YESBANK 353.20 10.70 20
M&M 760.45 15.40 15
KOTAKBANK 1039.00 11.80 14
SBIN 310.10 3.75 14
AXISBANK 589.20 4.45 8
HEROMOTOCO 3622.00 55.95 7
BAJAJ-AUTO 3225.25 40.35 6
TATAMOTORS 424.50 1.75 3
TCS 2894.25 4.80 2
SUNPHARMA 585.25 1.90 2
RELIANCE 925.15 0.50 2
NTPC 173.65 0.35 1
DRREDDY 2498.00 8.60 1
TATAMTRDVR 246.85 1.65 1
POWERGRID 196.95 -0.05 0
ADANIPORTS 432.55 -0.50 0
ASIANPAINT 1192.55 -1.60 -1
BHARTIARTL 499.40 -0.95 -1
WIPRO 324.80 -0.95 -1
ONGC 195.20 -0.45 -1
COALINDIA 288.50 -2.80 -4
HINDUNILVR 1365.05 -6.80 -5
TATASTEEL 757.00 -17.25 -12
INFY 1146.45 -5.80 -12
       
Sensex 35489 407.26 1.16
       
Source: BSE

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story