Three stocks that made news today

The stock markets fell for the third straight week on Thursday to their lowest level in nearly four months, led by declines in blue chips as the monthly derivative contract expired.

The benchmark Bombay Stock Exchange (BSE) Sensex closed 0.79 per cent lower at 27,011.31, while the broader Nifty fell 0.71 per cent to 8,181.50. Both the indexes closed at their lowest level since January 7, 2015.

Here are the four stocks that made news today:

JSPL

The Jindal Steel and Power stock fell on Thursday after the Central Bureau of Investigation (CBI) filed a chargesheet against Congress leader and industrialist Naveen Jindal in connection with the Amarkonda Murgadangal coal block allocation scam. The shares closed at Rs 139.55 per share, down by 4.16 per cent on BSE.

Axis Bank

India's third largest private sector lender, gained over 4 per cent on Bombay Stock Exchange (BSE) on Thursday after the company reported 18.4 per cent rise in quarterly net profit, ahead of analysts' estimates. Shares of the bank closed at Rs 567.85 apiece, up y 2.70 per cent. It was also the top gainer at BSE.

KPIT Technologies

Investors gave thumbs down to KPIT Technologies shares post poor March quarterly numbers on April 28. As a result, the share price of the company tanked 32 per cent in the past two trading sessions. The share price of the company declined from Rs 155.05 on April 28 to Rs 105 on April 30.