{"id":37857,"date":"2017-12-15T12:52:47","date_gmt":"2017-12-15T12:52:47","guid":{"rendered":"http:\/\/www.bnreport.com\/after-hours-hdfc-bank-hits-record-high-metal-stocks-on-fire\/"},"modified":"2017-12-15T12:52:55","modified_gmt":"2017-12-15T12:52:55","slug":"after-hours-hdfc-bank-hits-record-high-metal-stocks-on-fire","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/after-hours-hdfc-bank-hits-record-high-metal-stocks-on-fire\/","title":{"rendered":"After Hours: HDFC Bank hits record high; metal stocks on fire"},"content":{"rendered":"<p>NEW DELHI: Dalal Street cheered exit poll outcome that signalled an easy win for the BJP in both Gujarat and Himachal Pradesh assembly elections, thus helping the benchmark indices gain big on Friday.  <\/p>\n<p>The BSE <a href=\"https:\/\/economictimes.indiatimes.com\/indices\/sensex_30_companies\" rel=\"noreferrer\" target=\"_blank\">Sensex<\/a> added 216 points to settle the session at 33,462.97, with Mahindra &amp; Mahindra (up 3.56 per cent) being the top gainer and <a href=\"https:\/\/economictimes.indiatimes.com\/cipla-ltd\/stocks\/companyid-13917.cms\" rel=\"noreferrer\" target=\"_blank\">Cipla<\/a> the worst laggard.  <\/p>\n<p>The broader Nifty50 index of NSE added 81 points or 0.79 per cent to settle the session at 10,333 with 33 constituents in the green and 17 in the red.  <\/p>\n<p>Here&#039;s a look at the top <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/stocks\" rel=\"noreferrer\" target=\"_blank\">stocks<\/a> and sectors that hogged limelight in today&#039;s trade.  <\/p>\n<p><strong>HDFC Bank hits record high<\/strong><br \/>Shares of HDFC Bank surged as much as 2.7 per cent to a record high of Rs 1,888 on reports that the bank might consider a fund-raising proposal by selling shares through <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/QIP\" rel=\"noreferrer\" target=\"_blank\">QIP<\/a> (qualified institutional placement) or ADRs (American Depository Receipts), among others. India&#039;s largest private sector lender by assets is also considering a preferential issue to parent <a href=\"https:\/\/economictimes.indiatimes.com\/housing-development-finance-corporation-ltd\/stocks\/companyid-13640.cms\" rel=\"noreferrer\" target=\"_blank\">Housing Development Finance<\/a> Corp, according to a report in Reuters. The stock settled at Rs 1,873.05 apiece, up 2 per cent on BSE.  <\/p>\n<p><strong>Shalby makes a tepid debut<\/strong><br \/>Shares of multi-specialty hospital chain Shalby, which recently concluded its Rs 504-crore initial public offering, listed at a discount of 3.35 per cent at Rs 239.70 on NSE against the issue price of Rs 248. On BSE, the shares got listed at Rs 237. The scrip settled at Rs 239.25, down 3.53 per cent to its issue price.  <\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/unnamed-file-8.jpg\"\/><\/p>\n<p><strong>Astron IPO<\/strong><br \/>The initial public offering (IPO) of Astron Paper &amp; Board Mills got subscribed 77 per cent so far on the first day of the share sale on Friday. As of 4pm, the public offer received bids for 1,07,17,560 shares against the total issue size of 1,40,00,000 shares, according to NSE data. The IPO will close on December 20.  <\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/unnamed-file-9.jpg\"\/><\/p>\n<p><strong>Metal stocks make a killing<\/strong><br \/>Shares of the metal companies were on fire that saw <a href=\"https:\/\/economictimes.indiatimes.com\/indices\/nifty_50_companies\" rel=\"noreferrer\" target=\"_blank\">Nifty<\/a> Metal index gain 2.66 per cent or 95 points to settle at 3,666 with 13 out of 15 constituents ending in the green and two in the red. <a href=\"https:\/\/economictimes.indiatimes.com\/vedanta-ltd\/stocks\/companyid-13111.cms\" rel=\"noreferrer\" target=\"_blank\">Vedanta<\/a> (up 5 per cent) was the top gainer on the pack, followed by <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/JSW-Steel\" rel=\"noreferrer\" target=\"_blank\">JSW Steel<\/a> (up 3.65 per cent) and <a href=\"https:\/\/economictimes.indiatimes.com\/moil-ltd\/stocks\/companyid-4501.cms\" rel=\"noreferrer\" target=\"_blank\">MOIL<\/a> (3.41 per cent).  <\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/unnamed-file-10.jpg\"\/><\/p>\n<p><strong>The solitary loser<\/strong><br \/>PSU bank stocks were the only losers in the trade. The Nifty PSU Bank index lost 7 points or 0.20 per cent to settle the session at 3,735 with 8 out of 12 constituents ending in the green.  <\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/unnamed-file-11.jpg\"\/><\/p>\n<p><strong>YES Bank climbs 4%<\/strong><br \/>Shares of private lender YES Bank settled 4 per cent higher at Rs 316 on BSE. The stock will be included in Sensex from Monday. Another lender <a href=\"https:\/\/economictimes.indiatimes.com\/indusind-bank-ltd\/stocks\/companyid-9196.cms\" rel=\"noreferrer\" target=\"_blank\">IndusInd Bank<\/a> will also be promoted to the headline index. Shares of the bank settled at Rs 1680.95 apiece on BSE, up 2 per cent.  <\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/unnamed-file-12.jpg\"\/><\/p>\n<p><strong>Spurt in open interest<\/strong><br \/>Shares of <a href=\"https:\/\/economictimes.indiatimes.com\/bata-india-ltd\/stocks\/companyid-13974.cms\" rel=\"noreferrer\" target=\"_blank\">Bata India<\/a> witnessed the biggest spurt in open interest contracts at 28.34 per cent, followed by <a href=\"https:\/\/economictimes.indiatimes.com\/wockhardt-ltd\/stocks\/companyid-3731.cms\" rel=\"noreferrer\" target=\"_blank\">Wockhardt<\/a> (19.98 per cent) and Cipla (19.93 per cent).  <\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/unnamed-file-13.jpg\"\/><\/p>\n<p><strong><a href=\"https:\/\/blockads.fivefilters.org\/\" rel=\"noreferrer\" target=\"_blank\"><\/a><\/strong> <a href=\"https:\/\/blockads.fivefilters.org\/acceptable.html\" rel=\"noreferrer\" target=\"_blank\"><\/a><\/p>\n<p><a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/news\/after-hours-hdfc-bank-hits-record-high-metal-stocks-on-fire\/articleshow\/62085225.cms\" rel=\"noreferrer\" target=\"_blank\">Original Article<\/a><\/p>\n<p>[contf]<br \/>\n[contfnew]<br \/>\n        <img decoding=\"async\" src=\"http:\/\/www.bnreport.com\/wp-content\/uploads\/2017\/12\/60278104.cms_-115.jpg\"\/><\/p>\n<h5><a href=\"https:\/\/economictimes.indiatimes.com\/\" rel=\"noreferrer\" target=\"_blank\">ET Markets<\/a><\/h5>\n<p>[contfnewc]<br \/>\n[contfnewc]<\/p>\n<p>The post <a href=\"http:\/\/newswirenow.co.uk\/2017\/12\/15\/after-hours-hdfc-bank-hits-record-high-metal-stocks-on-fire\/\" rel=\"noreferrer\" target=\"_blank\">After Hours: HDFC Bank hits record high; metal stocks on fire<\/a> appeared first on <a href=\"http:\/\/newswirenow.co.uk\/\" rel=\"noreferrer\" target=\"_blank\">News Wire Now<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Dalal Street cheered exit poll outcome that signa..<\/p>\n","protected":false},"author":1,"featured_media":37858,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-37857","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>After Hours: HDFC Bank hits record high; metal stocks on fire - Business News Report<\/title>\n<meta name=\"description\" content=\"NEW DELHI: Dalal Street cheered exit poll outcome that signa..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/after-hours-hdfc-bank-hits-record-high-metal-stocks-on-fire\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"After Hours: HDFC Bank hits record high; 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