The BSE Sensex and NSE Nifty remained under pressure for a third day on Wednesday on sustained foreign fund outflows amid global rout on renewed concerns over slowing growth after oil prices resumed slide. Sensex slumped 315.68 points to close at 24,223.32, while Nifty settled below 7,400-mark by plunging 93.75 points to end at 7,361.80.
Below are the top 6 stocks that created a buzz today’s trade
Crompton Greaves: Stocks of the company closed 21.72 per cent down at Rs 130.80 after the engineering conglomerate posted a consolidated net loss of Rs 107.03 crore in the quarter ended on December 31, 2015.
Bajaj Finance: Stocks of the company settled 3.39 per cent up at Rs 1880.70 after it reported 58 per cent jump in net profit at Rs 408 crore for the quarter ended December on higher operating income.
DLF: Stocks of India’s largest realty firm 0.16 per cent up at Rs 93.50 after the company on Tuesday reported 24 per cent rise in its consolidated net profit at Rs 163.95 crore for the quarter ended December on higher sales and one-time gain from stake sale in two projects to Singapore’s sovereign wealth fund GIC.
Tata Communications: Shares of the company ended 5.76 per cent down at Rs 381.25 after it on Tuesday posted a decline in consolidated net profit by 79.8 per cent at Rs 21.89 crore in the quarter ended December 31, 2015. The company had reported a net profit of Rs 108.53 crore in the same period a year ago.
Birla Corp: Birla Corporation, flagship firm of the M P Birla Group, on Tuesday said it will take legal action
against Lafarge India over the firm’s “inability” to go ahead with the deal to sell its Jojobera and Sonadih cement plants. Shares of the company closed 1.61 per cent down at Rs 380.95
Vedanta: Metals and mining conglomerate Vedanta Resources will repurchase bonds worth up to $250 million (about Rs 1,700 crore) of its outstanding $1.25 billion convertible bonds due this year. Shares of the company closed 5.01 per cent down at Rs 61.65.
