Stocks in news: HDFC Bank, IDFC First Bank, IDBI Bank, Dr Reddy’s, Lloyds Metals

Domestic markets traded within a narrow range and ended nearly unchanged on Thursday, pausing after Wednesday’s gains. In today’s trade, shares of HDFC Bank, IDFC First Bank, IDBI Bank, Dr Reddy’s, Lloyds Metals among others will be in focus due to various news developments and first-quarter updates.

HDFC Bank
India’s leading private lender HDFC Bank on Thursday said its gross advances registered a growth of 53% year-on-year to Rs 24.87 lakh crore in the first quarter.

IDFC First Bank
State insurer Life Insurance Corporation of India (LIC) has increased its shareholding in IDFC First Bank to 2.68% acquiring the lender’s shares at a price of Rs 80.63 per share.

Sun Pharma, Dr Reddy’s