Top Nifty gainers and losers at mid-day: Eicher, Hero jump, HDFC, ICICI Bank slip

The benchmark indices were lacklustre in the afternoon trade on November 30, mirroring global markets. Investors chose to book partial profits after the bull run. At 12.30 pm, the Sensex was down 192.55 points or 0.29 percent at 66,709.36, and the Nifty was down 43.70 points or 0.22 percent at 20,052.90. About 1,542 shares advanced, 1,572 declined and 117 unchanged hands.

Eicher Motors Ltd: Shares of the Royal Enfield maker surged 2.5 percent to Rs 3,908 as the Nifty auto index gained for the seventh day in a row. About 5 lakh shares changed hands, matching the one-week average.

Hero Motocorp: Shares of the Harley Davidson maker gained over 2 percent to Rs 3,838 on November 30, rallying for the third day. The Nifty auto index was trading higher for the seventh session.

SBI Life Insurance Company Ltd: The insurance major traded 2.3 percent higher at Rs 1,441 on November 30, a day after the stock fell 0.5 percent. Shareholders have approved the appointment of Amit Jhingran as Managing Director and Chief Executive Officer of the company.

UltraTech Cement Ltd: Shares of the Aditya Birla Group company gained nearly 2 percent to Rs 8,895 after the firm said it had acquired the 0.54-million-tonne-per-annum (MTPA) grinding facility of Burnpur Cement at Patratu in  Jharkhand, for Rs 169.79 crore. This investment marks the company’s entry into Jharkhand and raises its capacity in India to 133 MTPA.

Mahindra and Mahindra Ltd: Shares of the tractor and SUV major gained 1.7 percent to Rs 1,645, rallying for the fifth day in a row. As many as 22 lakh shares changed hands, falling marginally short of the one-week average of 24 lakh.

Adani Enterprises Ltd: The stock of the Adani flagship fell over 1.5 percent to Rs 2,353 after investors rushed to book profits. The stock had climbed close to 13 percent in two sessions.

Tata Motors Ltd: Shares of India’s leading auto and electrical car manufacturer fell over 1.5 percent to Rs 701 on November 30, a day after the counter hit an all-time high. As many as 1 crore shares changed hands, matching the one-month and one-week average average on the bourses.

HDFC Bank Ltd: Shares of the country’s largest private lender fell a percent to Rs 1,543, a day after it gained 2 percent. About 91 lakh shares changed hands against the weekly average of 1 crore shares.

ICICI Bank Ltd: Shares of the banking major fell nearly a percent to Rs 930, a day after the counter gained almost 2 percent. About 83 lakh shares changed hands, lower than the 1-week average of 1 crore shares.

Power Grid Corp Ltd: Shares of the company fell almost a percent to Rs 209 on November 30. About 1 crore shares changed hands at par with the 1-week and the 1-month average of the exchanges.