With fears of a China-led deceleration in global growth and escalating tension between South Korea and North Korea gripping markets, here are the five stocks that remained in news today:
- Infosys: Its Chief Executive Vishal Sikka on Thursday rolled out the software major's 3.0 version by enhancing its core service offerings to global clients. The company announced three enhanced service offerings in design thinking, platforms and knowledge-based IT. Naming the next-generation services as "Aikido", Sikka said the company would under "Kia" offer knowledge-based management and new landscapes to capture knowledge about its people, in its structures and systems over time. Its shares rose 1.09 per cent to close at Rs 1150.60 apiece on Friday.
- Maruti Suzuki India: The company has increased Rs 3,000-9,000 across models. Its shares fell 1.35 per cent to close at Rs 4569.05 apiece on Friday.
- Amtek Auto:Amtek Auto shares made a comeback on Friday closing 0.86 per cent up at Rs 64.30 apiece after suffering heavy losses in the last four days. Experts said that value-buying at lower levels propelled buying at the counter. In last two days, the stock had fallen by 60 per cent following news of exclusion of the company's futures and options (F&O) contracts from equity derivatives segment, with effect from October 30.
- ICICI Bank: ICICI Bank managing director and chief executive Chanda Kochhar said that the bank has tie-ups with Vodafone and FINO PayTech and will decide with whom to partner for payments bank. Its shares fell by 0.74 per cent to close at Rs 296.10 apiece on Friday.
- Tata Motors: Its shares fell 2.73 per cent, extending losses into a second session, after the company said some Jaguar Land Rover vehicles may have been damaged in the Tianjin explosions on Aug. 12.