Nifty Financial Services May 8th; HDFC Life Insurance surges almost 6%

Nifty Financial Services May 8th; HDFC Life Insurance surges almost 6% Nifty Financial Services May 8th: On Friday, both Sensex and Nifty reported a bullish trend in the stock market after bearish reports in the last two sessions. The Sensex is trading above 31,800 level, and Nifty is trading above... The post Nifty Financial Services May 8th; HDFC Life Insurance surges almost 6% appeared first on stockinvestor.in.

Nifty Financial Services May 8th; HDFC Life Insurance surges almost 6%

Nifty Financial Services May 8th; HDFC Life Insurance surges almost 6%

Nifty Financial Services May 8th: On Friday, both Sensex and Nifty reported a bullish trend in the stock market after bearish reports in the last two sessions. The Sensex is trading above 31,800 level, and Nifty is trading above the 9,300 level in the stock market. The Sensex gained 457.98 points with a 1.46% increase and reached a 31,908.36 level. While Nifty gained 129.60 points with a 1.41% increase and reached 9,328.65 level.

On the other side, the number of coronavirus cases in India reached 56,342 as of Friday, May 8th, and deaths reached 1,886.

However, the Nifty Financial Services indices on May 8th reported a bullish trend in the stock market. It gained 139.70 points with a 1.44% increase and reached 9,713.90 level. The list of companies trading bullishly in the stock market are:

Cholamandalam Investment Limited: The company trading bullishly in the stock market on Friday. The company gained 0.55 points with a 0.37% increase and reached 149.50 INR. While in BSE, the company gained 0.80 points with a 0.54% increase and reached 149.50 INR.

Shriram Transport Finance Limited: The company trading bullishly in the stock market on Friday. The company gained 5.70 points with a 0.78% increase and reached 761.50 INR. While in BSE, the company gained 7.40 points with a 0.98% increase and reached 762.10 INR.

ICICI Prudential Life Limited: The company trading bullishly in the stock market on Friday. The company gained 6.50 points with a 1.42% increase and reached 403.60 INR. While in BSE, the company gained 6.00 points with a 1.51% increase and reached 403.85 INR.

HDFC Bank Limited: The company trading bullishly in the stock market on Friday. The company gained 5.05 points with a 0.55% increase and reached 930.00 INR. While in BSE, the company gained 3.85 points with a 0.42% increase and reached 928.80 INR.

ICICI Bank Limited: The company trading bullishly in the stock market on Friday. The company gained 9.30 points with a 2.76% increase and reached 346.05 INR. While in BSE, the company gained 9.55 points with a 2.84% increase and reached 346.30 INR.

Bajaj Finserv Limited: The company trading bullishly in the stock market on Friday. The company gained 16.40 points with a 0.35% increase and reached 4,689.80 INR. While in BSE, the company gained 15.20 points with a 0.33% increase and reached 4,690.35 INR.

Kotak Mahindra Bank Limited: The company trading bullishly in the stock market on Friday. The company gained 24.65 points with a 2.05% increase and reached 1,224.95 INR. While in BSE, the company gained 26.10 points with a 2.18% increase and reached 1,225.60 INR.

Bajaj Finance Limited: The company trading bullishly in the stock market on Friday. The company gained 4.25 points with a 0.21% increase and reached 2,064.80 INR. While in BSE, the company gained 4.05 points with a 0.20% increase and reached 2,065.00 INR.

SBI Life Insurance Limited: The company trading bullishly in the stock market on Friday. The company gained 26.50 points with a 3.60% increase and reached 760.30 INR. While in BSE, the company gained 26.05 points with a 3.54% increase and reached 761.35 INR.

ICICI Lombard General Insurance Limited: The company trading bullishly in the stock market on Friday. The company gained 34.80 points with a 2.88% increase and reached 1,245.00 INR. While in BSE, the company gained 35.95 points with a 2.97% increase and reached 1,245.85 INR.

HDFC Life Insurance Limited: The company trading bullishly in the stock market on Friday. The company gained 27.75 points with a 5.61% increase and reached 522.30 INR. While in BSE, the company gained 28.45 points with a 5.76% increase and reached 522.70 INR.

Top losers in the Financial Sector on May 8th  stock market are as follows:

M&M Fin Services Limited: The company trading bearishly in the stock market on Friday. The company lost 3.00 points with a 1.76% decrease and reached 167.50 INR. While in BSE, the company lost 3.35 points with a 1.96% decrease and reached 167.25 INR.

SBI: The company trading bearishly in the stock market on Friday. The company lost 3.40 points with a 1.99% decrease and reached 167.30 INR. While in BSE, the company lost 3.35 points with a 1.96% decrease and reached 167.35 INR.

Axis Bank Limited: The company trading bearishly in the stock market on Friday. The company lost 0.90 points with a 0.33% decrease and reached 396.05 INR. While in BSE, the company lost 1.45 points with a 0.36% decrease and reached 395.95 INR.

Bajaj Holding and Investment Limited: The company trading bearishly in the stock market on Friday. The company lost 7.80 points with a 0.41% decrease and reached 1,890.00 INR. While in BSE, the company lost 5.10  points with a 0.27% decrease and reached 1,895.00 INR.

Power Finance Corporation Limited: The company trading bearishly in the stock market on Friday. The company lost 1.35 points with a 1.55% decrease and reached 86.00 INR. While in BSE, the company lost 1.45 points with a 1.66% decrease and reached 85.95 INR.

In the border market, the S&P BSE Smallcap index reported a bullish trend in the stock market on Friday. It gained 8.69 points with a 0.081% increase and reached a 10,694.72 level. The S&P BSE Midcap index gained 33.73 points with a 0.30% increase and reached an 11,453.41 level. While Nifty Bank gained 66.90 with a 0.34% increase and reached 19,558.70 level.

Top Gainers on May 8th: Zee Entertainment, Reliance Industries, Tech Mahindra, Dr. Reddy’s Labs, and HUL are the top gainers in the stock market. 

Top Losers on May 8th: NTPC, M&M, ITC, Tata Motors, and SBI are the top losers in the stock market.

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