Waaree Energies, Maharashtra Scooters, AU Small Finance Bank, Infosys, HCLTech, HDFC Bank: Top buzzing stocks of the day

At 01:28 PM, the S&P BSE SENSEX was trading at 79,898.05, up 302.46 points, or 0.38%, while the NSE's NIFTY50 index was ruling at 24,260.40, up 93.15 points, or 0.39%.

Last seen, the BSE Information Technology index was trading at 34,874.88, up 1,371.10 points, or 4.09%. The top contributors to the index's gains were Infosys (up 4%), HCLTech (up 7.74%), and TCS (up 2.85%).

HDFC Bank, Canara Bank, and other banking stocks: After a stellar rally, banking stocks took a breather on Wednesday, April 23, as investors booked profits in recent outperforming scrips.

Exchange data show that the NIFTY BANK index has rallied around 10.76% over the past six sessions (from April 11 to April 22 closing), and banking stocks have been the biggest contributors to the market's sharp recovery.

However, on Wednesday, the index slipped as much as 484 points in the intraday deals. Last seen, the NIFTY BANK index was trading 417 points, or 0.75% lower, at 55,230.25 levels.

The biggest laggard was Canara Bank (down 2%), followed by HDFC Bank (down 1.6%) and Axis Bank (down around 1.6%).

The company's board has also recommended a dividend of ₹30 per share (300%) of a face value of ₹10 and a special dividend of ₹30 per share (300%) of a face value of ₹10 on equity shares.

The consumer electrical goods maker on Tuesday reported a 15.92% year-on-year (YoY) surge in its consolidated net profit to ₹517.83 crore for the fourth quarter of the 2024-25 financial year (Q4 FY25), compared to ₹446.70 crore logged in the year-ago period.

"Overall decent performance with healthy revenue and profit growth. Large appliances and cables led the revenue growth; however, the inflation pressures persist on overall consumer sentiments. Lloyd's focus remains on consistent revenue growth, along with improving profitability," said Anil Rai Gupta, Chairman and Managing Director, Havells India.

Alok Industries stock was trading 4.40% lower at ₹18.69 apiece on the BSE.

AU Small Finance Bank on Tuesday reported an 18% rise in profit at ₹504 crore for the March quarter FY25 on account of an increase in core income.

The bank's net profit was ₹428 crore in the year-ago quarter.

During the latest fourth quarter, the bank's total income increased to ₹5,031 crore from ₹3,385 crore in Q4 FY24, AU Small Finance Bank said in a regulatory filing.