DLF, Tata Steel among top 5 stocks trending today

The S&P BSE Sensex on Friday fell over 100 points, while the broader Nifty50 tested its key support level of 8,300-mark.

The headline indices slipped tracking muted trend seen in Asian markets as investors braced for US jobs data to see if the world's no. 1 economy is resilient enough to weather the fallout from the Brexit vote.

Here are top five stocks that are reacting in trade today:

DLF

The shares of DLF slipped 1.41 per cent on BSE following the news report that the real estate major shortlisted 6 potential buyers for a stake in their rental arm.

DLF Cyber City Developers have shortlisted buyers for 40 per cent stake in their company that is expected to sell for about Rs 13,000 crore, reported Economic Times.

TATA STEEL

The shares of Tata Steel fell 1.77 per cent to Rs 312 amid the post-brexit concerns of the viability of its steel business in the UK. Tata Steel is likely to put a hold on its steel plans.

MAHINDRA HOLIDAYS & RESORTS INDIA

The shares of Mahindra Holidays & Resorts India climbed 0.90 per cent to Rs 418.90 as the company said that its subsidary Caribia Service Oy in Finland has been liquidated from July 4, 2016

BHUSHAN STEEL

The shares of Bhushan Steel hit an intraday low of 2.23 per cent as the company is struggling with repaying its loans. A consortium of 30 banks led by State Bank of India will meet next week to decide if Bhushan Steel should be given a lifeline for the second time after it failed to repay a loan of Rs 40,000 crore.

INDO COUNT INDUSTRIES

The shares of Indo Count have gained 2 per cent on the BSE to Rs 988.95. This comes in the backdrop of Indo count launching new ranges for its lifestyle brands this September during New York Home Textile Market Week.