Today’s top morning headlines - 9th October 2023

Good morning,

Markets are trading in the red with the NIFTY50 trading below the 19,600 level, as of 11:30 am. Here are the top stories for the day!

Top gainer: HCL Tech: 1,260 ▲23 (+1.8%)
Top loser: Adani Ports: 800▼ 29 (-3.5%)

:star: TCS hits 52-week high on buyback plan
Shares of the IT firm rose 1.6% intraday and reached a new 52-week high. This came after the company announced a share buyback, which will start on October 11.

:star: Prestige Estates gains on higher sales
Shares of the real estate developer rose 4.9% intraday and hit a 52-week high. This came after the company registered sales of ₹7,092 crore in Q2 FY24, up by 102% YoY.

:star: Shree Renuka Sugar rises on acquisition
Shares of the sugar mills operator rose 2% intraday after the company announced 100% acquisition of Anamika Sugar Mills for ₹235.5 crore.

:star: GOCL hits 52-week high on new order
Shares of the energetics and commercial explosives provider rose 4.2% intraday. This came after the company received an order from Coal India worth ₹766 crore for supplying bulk explosives over a period of 2 years.