The BSE Sensex and NSE Nifty gained nearly 1 per cent on Wednesday following opening of European indices in green. Lower level of buying also supported market sentiment. Sensex closed 189.90 points up at 23,381.87. Nifty settled 72.05 points up at 7,120.30.

Below are top 9 stocks that remained in news today:

Dr Reddy’s Laboratories: Dr Reddy’s Laboratories shares closed 3.5 per cent up after the board of the company approved buyback of equity shares up to Rs 1,569 crore.

Just Dial: Just Dial  shares surged 18.60 per cent on Wednesday after the local search engine provider announced late on Tuesday that it will start buyback of 1.6 million shares from Feb 25 to March 10.

PI Industries: Shares of PI Industries continued to slump for fifth consecutive session after the stock announced quarterly results that failed to meet market expectations. The stock was down by 8.5 per cent intraday in Wednesday’s session. However, it closed 3.46 per cent down at Rs 555.85.

Bharat Petroleum Corporation Ltd (BPCL): BPCL shares surged over 4 per cent on Wednesday on reports that the oil marketing company has received clearance from Environment Ministry for a Rs 337 crore project at a refinery in Kochi, Kerala

Valecha Engineering: Stocks of the infrastructure development company gained 13.37 per cent after it informed stock exchanges that it has bagged two projects worth Rs 398.03 crore. The company has secured first order worth Rs 308.77 crore for the rehabilitation and up-gradation of NH-43 from km 130 to km 180 (Kanker to Bedma section) to two lane with paved shoulder in the state of Chhattisgarh under NHDP-IV on EPC basis.

Click here to track how markets performed today

Adani Ports: Adani Ports gaines 5.84 per cent on Wednesday after the company said that it has raised Rs 750 crore through issuance of non-convertible debentures on a private placement basis.

SpiceJet: Stocks of the budget airline was in focus as it launched a direct flight service to Dubai from Jaipur. Shares of SpiceJet closed 1.50 per cent up at Rs 67.85.

Thomas Cook: Stocks of the travel services provider was also in focus as the company has entered into an agreement with accommodation website Airbnb to offer Indian out-bound travellers access to a range of unique accommodation experience. Shares of Thomas Cook settled 3.25 per cent up at Rs 195.65.

Jindal Steel and Power: Shares of Jindal Steel & Power Ltd continued to face selling pressure for a second straight day amid concerns over the company’s debt situation. The scrip closed 3.47 per cent down at Rs 57.05.

United Breweries (Holdings): Shares of United Breweries (Holdings) closed 4.71 per cent down after the company received a letter from Punjab National Bank (PNB), whereby the bank has declared the company as a ‘Wilful Defaulter’.