Stocks that made news today: Eicher Motors, RIL and more

The key benchmark indices BSE Sensex and Nifty gained over 1 per cent to 27,115.83 and 8,174.60, respectively.

Gaurav Jain, director, Hem Securities, says, "Indices continue to stay cheerful with the Fed meet outcome of keeping interest rate unchanged. Strengthening of rupee at a three-month strong level cheered the sentiment."

Banking and financials, oil and gas, technology, auto and FMCG stocks led the rally on the bourses.

Below are five stocks that remained in spotlight today:

• Reliance Industries: The share price of the company jumped 5.41 per cent to Rs 981.45, extending gains to nearly 11 per cent in the last five sessions, after chairman Mukesh Ambani on June 12 said the company could be ready to begin 4G phone services in December.
• Eicher Motors: Share price of Eicher Motors gained over 1 per cent on BSE on the launch of personal utility vehicle Multix by Eicher Polaris, a 50:50 joint venture between Eicher Motors and Polaris Industries. It closed at Rs 19,510.
• Shasun Pharmaceuticals: Shares of Shasun Pharmaceuticals were under pressure on Thursday on reports that the government has rejected proposal of Strides Arcolab to issue shares to non-resident and resident equity shareholders of Shasun Pharmaceuticals. Shasun Pharmaceuticals closed 2.68 per cent lower at Rs 344.95. However, Strides Arcolab shares closed 1.31 per cent higher at Rs 1,168.30.
• Essar oil: Essar Oil rallied almost 10 per cent to Rs 158.20 and touched upper circuit on the bourses on Thursday after market reports that the company is going to sign an agreement with Russia's OAO Rosneft to import 10 million tonnes of crude oil a year for 10 years.
• Torrent Pharma: Torrent Pharmaceuticals shares gained over 1 per cent on Thursday after the company received approval from the government to raise the limit of investment by foreign institutional investors (FII) from 13.09 per cent to 35 per cent. The share price closed at Rs 1321.50.