Market at record high, Nifty hits 13,000 — Here are the top stock movers in trade today

Market at a record high, Nifty hits 13,000 — Here are the top stock movers in trade today

• The 30-share BSE index was trading 334 points higher, and the broader NSE Nifty was trading 0.75% higher on Tuesday at 9:50 am.
• Here's a list of the top losers and gainers in the Nifty pack.
• These are the top stocks that are buzzing in trade today.

Indian equity benchmark indices hit record higher in early trade on Tuesday, tracking positive cues from their global peers.
The 30-share BSE index was trading 334 points higher, and the broader NSE Nifty was trading 0.75% higher on Tuesday at 9:50 am.

Axis Bank soars on a bullish analyst recommendation

Axis Bank shares soared over 2% after Jefferies maintained a 'buy' call on the stock and has raised its target to ₹700 per share from ₹610 earlier.

The shares of SpiceJet soared 3% after its subsidiary SpiceHealth launched a budget Covid test. The company said it would conduct the Real-Time Polymerase Chain Reaction (RT-PCR) test for COVID-19 starting at ₹499, which will drastically reduce the price of the RT-PCR test, which ordinally costs ₹3500.

Jubilant Industries soars 7%

The shares of Jubilant Industries soared 7% after it decided to transfer its liquor license. The company said it would not manufacture Indian Made Foreign Liquor hereon.

Ingersoll Rand India slumps 6%

The shares of Ingersoll Rand India slumped 6% in early trading hours on Tuesday after its promoter Ingersoll Rand Inc said it would sell up to 4.52% stake through an Offer for Sale (OFS) at a floor price of ₹578.6/share. The offer opens for non-retail investors today and tomorrow for retail investors.

Biocon trades over a percent higher

The shares of Biocon gained over a percent after it entered into an agreement for the acquisition of a 26% equity stake on a fully diluted basis in Hinduja Renewables Two (HRTPL), a special purpose vehicle formed for the purpose of power generation and developing a captive power plant as per Electricity laws.

GHCL gained nearly 2%

The shares of GHCLgained nearly 2% after the stock exchanges have given a no-objection letter for the demerger of the company's textile business into GHCL Textiles.

Source: BusinessInsider