Ashok Leyland, Ujjivan Small Finance Bank, Yes Bank Among Key Stocks in Focus Today
Ashok Leyland, Ujjivan Small Finance Bank, Yes Bank Among Key Stocks in Focus Today
Yes Bank shares soared 10% on reports that the lender is seeking exemption from the Securities and Exchange Board of India's (Sebi’s) six-month rule for its Rs 2,000 crore qualified institutional placement (QIP) scheduled for January.

Indian stocks markets were trading on a strong note on Friday, i.e. 13 December, on the back of strong Asian cues after reports emerged that the US and China had reached at a trade deal. At 10:48 am, the benchmark S&P BSE Sensex rose 336.73 points, or 0.83%, to 40,918.44, while the Nifty 50 gained 88.30 points, or 0.74%, to 12,060.10. Ashok Leyland, Ujjivan Small Finance Bank, Yes Bank, InterGlobe Aviation (IndiGo) and Wipro were among the key stocks in news today. Read on to know more:

Ashok Leyland: Ashok Leyland Ltd shares gained 4.6% after the company appointed Vipin Sondhi as chief executive officer and managing director of the company.

Ujjivan Small Finance Bank: Ujjivan Small Finance Bank Ltd shares plunged 8.7% today after making a stellar listing in the previous session.

Yes Bank: Yes Bank shares soared 10% on reports that the lender is seeking exemption from the Securities and Exchange Board of India's (Sebi’s) six-month rule for its Rs 2,000 crore qualified institutional placement (QIP) scheduled for January.

InterGlobe Aviation: Shares of InterGlobe Aviation Ltd jumped 2% as IndiGo’s market share stood at 47.5% in November 2019 versus 47.4% in November 2018.

Wipro: Wipro Ltd shares rose 1.4% after the company bagged multi-year order from Olympus for cloud services.

Hero MotoCorp: Hero MotoCorp Ltd shares inched up nearly 1% on news that the company is set to launch 10-11 BS-VI products by the middle of February.

Infosys: Infosys Ltd shares rose 1.4% on news that its subsidiary EdgeVerve Systems has inked a deal with IDEGO to develop and deliver innovative tech products to their customers across Latin America.

SBI: State Bank of India (SBI) shares advanced 2.7% after its subsidiary SBI Cards and Payments Services made an application to list commercial paper for an issue size of Rs 400 crore.

Piramal Enterprises: Piramal Enterprises Ltd shares jumped 1.5% after the company entered into a joint development agreement with Omkar Realtors and Developers to develop a residential project in Mumbai’s Mahim area with a total investment of around Rs 3,000 crore.

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