Supported by good monsoon so far coupled with renewed optimism over Greek debt talks, the key benchmark indices BSE Sensex and NSE Nifty extended their gains for the eighth consecutive session of Tuesday.
The 30-share Sensex and 50-share Nifty gained 0.27 per cent and 0.34 per cent to 27,804.37 and 8,381.55, respectively.
Below are five stocks that remained in spotlight today:
- Infosys:Infosys slipped 2.27 per cent to Rs 1,001.15 post its Annual General Meeting as the company did not give clear guidance about the IT major's near future.
- Sun TV Network:Sun TV shares plunged 3.41 per cent to Rs 321.95 after Prime Minister's Office weighed in on the tussle between the Ministry of Home Affairs and the Ministry of Information and Broadcasting over the security clearance to 33 channels of Sun TV group.
- Arvind Limited: Arvind Limited shares jumped 4 per cent on Tuesday after Motilal Oswal, a brokerage house, projected that Arvind's brands and retail business will double revenue and margins over the next three years. The share price closed at Rs 262.40.
- Larsen & Toubro: The share price of Larsen & Toubro gained around 2 per cent on news of the company listing its IT services unit L&T Infotech by December this year. The company is also looking to list its other businesses including its hydrocarbons and transmission and distribution units over the next few years. It closed at Rs 1765.05, up 1.96 per cent against its previous close.
- Bharti Airtel:Bharti Airtel shares jumped 1.25 per cent to Rs 429.50 on hopes of rise in price of 3G services in more circles. Starting with Delhi, the company have extended 3G price increase to western Uttar Pradesh and Haryana, according to Credit Suisse.
- Deepak Fertilisers and Petrochemicals:Shares of the company jumped 2.91 per cent to Rs 129 on Tuesday after the company informed BSE that it has resumed production of ANP fertilizer Taloja facility with imported RLNG as feedstock.