HDFC Life and IndusInd Bank Lead Bullish Surge with Short Covering: Stock Market Update

On July 12, 2024, several notable stocks experienced significant changes in share prices. Some stocks saw a bullish shift due to short covering, while others faced declines.

Key Stock Performances

• HDFC Life: Among the top performers with a positive outlook due to short covering.
• IndusInd Bank: Also experienced a bullish shift, benefitting from short covering activities.

Other Stocks

• Indian Railway Finance Corporation: Closed at Rs 217.43, up by 5.56%.
• One97 Communications: Ended the day at Rs 465.95, down by 2.98%.
• YES Bank: Closed at Rs 25.60, down by 0.9%.
• ITC: Ended at Rs 459.05, a slight increase of 0.09%.
• HDFC Bank: Closed at Rs 1622.70, up by 0.05%.
• Tata Motors: Ended the day at Rs 1016.75, down by 0.4%.
• Zomato: Closed at Rs 222.47, up by 2.46%.
• Adani Enterprises: Ended at Rs 3065.45, down by 0.42%.
• Infosys: Closed at Rs 1711.75, up by 3.58%.
• Reliance Industries: Ended the day at Rs 3193.45, up by 1.02%.

Declines and Notable Movements

• Adani Power: Closed at Rs 709.95, down by 1.5%.
• Vedanta: Ended at Rs 449.70, up by 0.45%.
• Indian Renewable Energy Development Agency: Closed at Rs 284.26, up by 0.21%.
• NHPC: Ended the day at Rs 113.02, down by 0.93%.
• State Bank of India: Closed at Rs 859.70, up by 0.36%.
• Rail Vikas Nigam: Ended at Rs 626.75, down by 0.52%.
• Life Insurance Corporation of India: Closed at Rs 1051.55, down by 0.55%.
• Tata Steel: Ended the day at Rs 168.69, down by 0.14%.
• Tata Consultancy Services: Closed at Rs 4183.95, up by 6.64%.
• Tata Power Company: Ended at Rs 434.05, down by 1.45%.
• Wipro: Closed at Rs 560.15, up by 4.88%.
• Adani Green Energy: Ended the day at Rs 1735.25, down by 0.68%.
• Indian Railway Catering & Tourism Corporation: Closed at Rs 1043.05, up by 1.33%.

Additional Movements

• Suzlon Energy: Last traded at Rs 50.19.
• Punjab National Bank: Closed at Rs 117.74, down by 1.4%.
• Hindustan Aeronautics: Ended the day at Rs 5489.20, down by 1.06%.
• Jio Financial Services: Closed at Rs 350.35, up by 0.67%.
• NBCC (India): Ended at Rs 189.79, down by 2.13%.
• Bharat Heavy Electricals: Closed at Rs 325.90, down by 2.05%.
• Polycab India: Ended the day at Rs 6581.00, down by 0.58%.
• SJVN: Closed at Rs 150.69, up by 0.51%.
• IDFC First Bank: Ended at Rs 78.27, up by 0.07%.
• ICICI Bank: Closed at Rs 1232.90, down by 0.45%.
• Tata Technologies: Ended the day at Rs 1033.40, up by 1.82%.
• Central Depository Services (India): Closed at Rs 2418.90, down by 0.97%.
• Ircon International: Ended at Rs 336.80, up by 5.29%.
• Jaiprakash Power Ventures: Closed at Rs 18.43, down by 1.4%.
• MRF: Ended the day at Rs 129690.90, down by 0.71%.
• Power Finance Corporation: Closed at Rs 555.15, down by 2.71%.
• Delta Corp: Ended at Rs 140.17, down by 4.04%.
• Steel Authority of India (SAIL): Closed at Rs 150.42, down by 0.95%.
• Indian Oil Corporation: Ended the day at Rs 167.04, down by 4.25%.
• Affle (India): Closed at Rs 1424.20, up by 0.98%.
• Bajaj Finance: Ended at Rs 7004.30, up by 0.78%.
• Asian Paints: Closed at Rs 2999.15, down by 0.76%.
• Avenue Supermarts: Ended the day at Rs 4943.65, up by 0.92%.
• Indian Energy Exchange: Closed at Rs 177.13, up by 0.04%.
• REC: Ended at Rs 637.35, down by 1.31%.
• HDFC Asset Management Company: Closed at Rs 4168.95, down by 0.3%.
• Vodafone Idea: Ended at Rs 16.09, down by 2.84%.
• Housing and Urban Development Corporation: Closed at Rs 334.00, down by 2.4%.
• Reliance Power: Ended at Rs 27.32, down by 1.23%.
• Adani Total Gas: Closed at Rs 893.20, down by 0.16%.
• Bank of Baroda: Ended the day at Rs 250.60, down by 2.38%.
• Birlasoft: Closed at Rs 732.35, up by 5.23%.