HDFC Bank, HDFC, ITC contribute over 50% of Sensex 400 points rally

HDFC Bank, HDFC and ITC collectively contributed 238 points to the Sensex's 407 points rise, which trading at 35,489 on Thursday at 12:57 PM, the BSE data showed.

HDFC twins – HDFC Bank and Housing Development Finance Corporation (HDFC) - and fast moving consumer goods (FMCG) giant ITC collectively contributed more than half of the Sensex 400 points rally.

These three stocks collectively contributed 238 points to the Sensex’s 407 points rise, which trading at 35,489 on Thursday at 12:57 PM, the BSE data showed. The index hit a new high of 35,507 in intra-day trade today.

Besides, three stocks – ICICI Bank, Larsen & Toubro (L&T), IndusInd Bank, Maruti Suzuki India and YES Bank, these five stocks combined contributed 130 points of the total benchmark index rally.

HDFC Bank, HDFC, L&T and Hindustan Unilever are four stocks from the Sensex hit their respective all-time highs in intra-day today.

HDFC Bank saw its market capitalisation (market-cap) crossing Rs 5-trillion after the share price of the bank hit a new high today. The country’s private sector lender becoming the third firm after Reliance Industries (RIL) and Tata Consultancy Services (TCS) to achieve this milestone.

The S&P BSE Midcap and the S&P BSE Smallcap index were trading lower by 0.34% and 0.3%, respectively.

Company	LTP	Change Val	Pts Contribution
HDFCBANK	1941.75	50.65	105
ITC	273.75	7.85	68
HDFC	1900.00	40.05	65
ICICIBANK	349.15	6.05	40
LT	1375.00	22.75	28
MARUTI	9470.00	158.00	21
INDUSINDBK	1696.35	39.35	20
YESBANK	353.20	10.70	20
M&M	760.45	15.40	15
KOTAKBANK	1039.00	11.80	14
SBIN	310.10	3.75	14
AXISBANK	589.20	4.45	8
HEROMOTOCO	3622.00	55.95	7
BAJAJ-AUTO	3225.25	40.35	6
TATAMOTORS	424.50	1.75	3
TCS	2894.25	4.80	2
SUNPHARMA	585.25	1.90	2
RELIANCE	925.15	0.50	2
NTPC	173.65	0.35	1
DRREDDY	2498.00	8.60	1
TATAMTRDVR	246.85	1.65	1
POWERGRID	196.95	-0.05	0
ADANIPORTS	432.55	-0.50	0
ASIANPAINT	1192.55	-1.60	-1
BHARTIARTL	499.40	-0.95	-1
WIPRO	324.80	-0.95	-1
ONGC	195.20	-0.45	-1
COALINDIA	288.50	-2.80	-4
HINDUNILVR	1365.05	-6.80	-5
TATASTEEL	757.00	-17.25	-12
INFY	1146.45	-5.80	-12
Sensex	35489	407.26	1.16
Source: BSE