Infosys shares closed 1.66 per cent up at Rs 1046.40 after the company on Wednesday announced that it has made an investment of $4 million in CloudEndure, a startup that provides cloud migration and cloud-based Disaster Recovery (DR) software.
The BSE Sensex and NSE Nifty snapped their six-day losing streak on value buying as sentiment remained cautious ahead of the US Federal Reserve meeting next week. Sensex rebounded 216.27 points to close at 25,252.32, whereas Nifty climbed 70.80 points to 7,683.30.
Below are the 7 top stocks that remained in focus today:
Mandhana Industries: Shares of the company went up as much as 11.65 per cent after the Bombay High Court acquitted the Bollywood star Salman Khan of all charges in the 2002 hit-and-run case in which he was convicted and sentenced to five years imprisonment by a sessions court. Mandhana Industries has an exclusive licence agreement with Salman Khan’s non-governmental organisation called Being Human. Later, the share price of the company closed 2.41 per cent at Rs 271.50.
Chennai Petroleum: The company has restarted two crude units or about 57 per cent of its 2,10,000 barrels per day (bpd) crude processing capacity at Manali refinery in the state of Tamil Nadu, a company spokesman said on Thursday. The share price of Chennai Petroleum Corp was trading 1.28 per cent up at Rs 197.50. Later, it closed 0.92 per cent up at Rs 196.80.
Infosys: Shares of the IT company closed 1.66 per cent up at Rs 1046.40 after the company on Wednesday announced that it has made an investment of $4 million in CloudEndure, a startup that provides cloud migration and cloud-based Disaster Recovery (DR) software.
Realty stocks: Realty stocks were upbeat after Union Cabinet approved the revised Real Estate (Regulation and Development) Bill, 2015. The BSE Realty index jumped 1.63 per cent to 1,287 on Thursday. Realty majors such as Prestige Estates gained 4.43 per cent to Rs 212. It was followed by Phoenix (up 4.28 per cent), Unitech (up 3.26 per cent), NBCC (up 2.84 per cent) and Ashiana Housing (up 1.99 per cent).
Aurobindo Pharma: Shares of the drug major were trading 2.59 per cent up at Rs 807 after it received US health regulator’s approval to market Eptifibatide Injection, used in the treatment of acute coronary syndrome, in the American market. Later, the share price of the company 2.26 per cent up at Rs 804.40.
Biocon Ltd: Shares of the company closed 2.12 per cent up at Rs 472.35 after NeoBiocon, a collaboration between Biocon Ltd and BR Shetty led UAE-based Neopharma, has partnered with Novartis Middle East FZE to market diabetes drugs Jalra and Jalra-M in the UAE.
Havells India: Shares of consumer electricals firm closed 8.05 per cent up at Rs 305.35 after it announced divestment of majority stake in European lightings operations Sylvania to Shanghai Feilo Acoustics for nearly 148.8 million euros (about Rs 1,090 crore).