The BSE Sensex and NSE Nifty closed in red on Tuesday and snapped three days gaining streak on the back of selling in frontline blue chip counters. Sensex closed 58.09 points down at 27,306.83. Nifty closed 13.40 points down at 8,261.65.
Below are some stocks that remained in news today:
Tata Steel: Tata Steel closed 2.96 per cent down at Rs 240.80 on BSE after the company’s Long Products Europe business announced proposals to stop production of steel plate.
HCL Technologies: HCL Technologies shares climbed 0.91 per cent to Rs 864.95 on BSE after Volvo Group divested external IT business and outsourced IT infrastructure operations to HCL Tech.
Jyothy Laboratories: Home and personal care firm Jyothy Laboratories Ltd on Tuesday reported 54.3 per cent increase in consolidated net profit at Rs 38.77 crore for the second quarter ended September 30, 2015-16. The share price of the company closed 0.67 per cent up at Rs 314.
Jubilant Life Sciences: Jubilant Life Sciences announced that it has received approval from the US health regulator for its generic version of Merck’s acute migraine treatment medicine, Maxalt-MLT.
SKS Microfinance: SKS Microfinance shares surged as much as 5.2 per cent on Tuesday after the company posted 37.2 per cent increase in net profit for the second quarter of the current financial year. However, the share price of the company closed 1.77 per cent down at Rs 441.