Gainers & Losers: Yes Bank, defence stocks among 14 stocks in limelight on Friday

May 9, 2025 Nishtha Awasthi, ETMarkets.com

Newsmakers of D-Street

Indian benchmark indices closed over 1% lower on Friday, as heightened geopolitical tensions between India and Pakistan dampened investor sentiment. The decline came after reports of overnight drone and missile attacks along the western border, raising concerns of further escalation between the two nuclear-armed nations.The BSE Sensex dropped 880 points, or 1.1%, to close at 79,454, while the Nifty50 fell 266 points, or 1.1%, to end just above the 24,000 mark at 24,008.Here are the top movers of the day: Image Source: ETMarkets.com

Yes Bank

Yes Bank shares closed 9.8% higher at Rs 20 on the BSE on Friday, following reports that the boards of State Bank of India and Yes Bank were in discussions to finalize the sale of SBI’s stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corp, potentially marking India’s largest banking M&A transaction. Image Source: ETMarkets.com

Union Bank of India

The shares of Union Bank of India rose 6.4% to Rs 122.85 on the BSE on Friday after the bank reported an 8.28% QoQ to Rs 4,985 crore and by 31.8% YoY for the full financial year to Rs 17,987 crore. Image Source: ETMarkets.com

Defence stocks

The shares of defence stocks like Bharat Dynamics, Bharat Forge, Data Patterns and Mazagon Dock Shipbuilders settled higher between 3.7% and 5.3% amid escalating tensions between India and Pakistan. Image Source: ETMarkets.com

Titan Company

Titan Company shares jumped 4.4% to settle at Rs 3,510.80 on the BSE on Friday after the firm posted a 13% year-on-year increase in consolidated net profit to Rs 871 crore for the fourth quarter, up from Rs 771 crore in the corresponding period last year. Image Source: ETMarkets.com

Zee Entertainment

Zee Entertainment Enterprises shares surged 4.3% to Rs 115.85 on the BSE, following the company's remarkable 1,305% surge in consolidated net profit for Q4FY25. Image Source: ETMarkets.com

MCX

Even after reporting a 54% increase in its consolidated net profit, the shares of MCX today fell by 5.45% to Rs 5,672.30 on the BSE. Image Source: ETMarkets.com

Hotel stocks

The shares of hotel stocks like Indian Hotels Company, EIH Ltd, Samhi Hotels, ITC Hotels and Lemon Tree Hotels, among others, fell up to 4% as India and Pakistan’s war tensions are escalating after the latter’s drone attack on the former.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) Image Source: ETMarkets.com

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