The benchmark BSE Sensex today fell by 109 points for the second straight session to close at near two-week low of 27,253.44 as pharma major Lupin came under selling pressure on disappointing Q2 numbers while weak global cues ahead of a US Fed meet added to the fall.
The 50-issue NSE Nifty also dropped by 24.05 points or 0.30 per cent to end at 8,235.40 after shuttling between 8,241.95 and 8,217.05, intra-day.
Below are some stocks that made news today:
Nestle India: Nestle India stocks gained after the company said it has resumed manufacturing of its instant noodles Maggi at three of its India facilities and will hit the markets after getting clearances from food testing laboratories. The share price of the company closed 0.08 per cent up at Rs 6,340.30.
Lupin: Share price of the pharma major closed 5.25 per cent down at Rs 1945.65 after the company posted a 35.11 per cent dip in its consolidated net profit at Rs 408.8 crore for the second quarter ended September 30, mainly on account of slowdown in product approvals in the US.
Maruti Suzuki: Share price of country’s top carmaker closed 2.44 per cent up at Rs 4494.60 after the company reported a 42.1 per cent jump in net profit at Rs 1,225.56 crore for the September quarter, driven by strong sales growth, lower material cost and favourable foreign exchange.
Eros International Media: Share price of Eros International Media ended 4.26 per cent up at Rs 369.50 after the company reassured its shareholders about the company’s “strong” fundamentals.
NIIT Technologies: Share price of the company gained as much as 7.48 per cent intraday on Tuesday after the company announced a long-term strategic agreement with Dubai-based airline flydubai. Later, the scrip closed 4.99 per cent up at Rs 579.45.
TVS Motor: The share price of the company surged after the company reported 22.78 per cent year-on-year (yoy) rise in its net profit figures for the quarter ended September 30, 2015. The share price of the company closed 13.15 per cent up at Rs 276.15.