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Here are top stocks that buzzed in today's trade

Here are top stocks that buzzed in today's trade

Global brokerage firm BofA-ML estimates TCS to log 4 per cent quarter-on-quarter sequential revenue growth, weaker than the recent Q2 performances.

BusinessToday.In
  • New Delhi,
  • Updated Oct 13, 2015 4:43 PM IST
Here are top stocks that buzzed in today's tradePhoto: Reuters

The domestic markets ended in negative zone in a volatile trade on Tuesday tracking weaker trend seen in other Asian markets and on profit booking by investors.

The S&P BSE Sensex closed below its crucial level of 27,000, down 57 points, while broader CNX Nifty ended at 8131.70, down 11.90 points. The 50-share index tested its key psychological level of 8,100 in today's trade.

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The sentiment on the Street remained mixed with 15 of the 30 stocks ending the day in green.

Here are top stocks that buzzed in today's trade:

Aviation stocks:

Stocks of SpiceJet and Jet Airways surged up to 20 per cent on the Bombay Stock Exchange (BSE) in an otherwise subdued market on hopes these aviation companies may clock healthy September quarter numbers amid the recent fall in crude prices. SpiceJet ended at its day high of Rs 37.30, up 9.93 per cent, while Jet Airways gained 13.67 per cent intraday to Rs 374.40 and closed at Rs 369.70.

ONGC

Oil explorer ONGC was the top Sensex loser, which ended the day 3.7 per cent down after US and Brent crude tumbled in the previous session to post their biggest daily percentage declines since the start of September.

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Reliance Capital

Shares of Reliance Capital climbed nearly 6 per cent in Tuesday's trade after the company informed the stock exchanges that Nippon Life will buy an additional 14 per cent stake in its subsidiary, Reliance Capital Asset Management, for a total consideration of Rs 1,996 crore. The stock ended the day 5.10 per cent up at Rs 398.80.

Indiabulls Real Estate

Shares of Indiabulls Real Estate surged nearly 2 per cent in trade on Tuesday after Fitch Ratings gave a 'stable' outlook to the realty firm. The stock ended the day 1.51 per cent down after hitting its intraday high of Rs 67.60, up 1.96 per cent, on the Bombay Stock Exchange (BSE). The rating agency expects the realty firm's debt to reduce by more than Rs 700 crore this fiscal year.

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Reliance Industrial Infrastructure

Shares of Reliance Industrial Infrastructure Ltd (RIIL) fell 4 per cent on BSE on weak Q2 earnings for the fiscal year 2015-16. The stock ended the day flat at Rs 335.90 after hitting an intraday low of Rs 325, down 4.04%, on the Bombay Stock Exchange (BSE). The infrastructure firm reported 30 per cent decline in its net profit at Rs 4.16 crore as compared to Rs 5.42 crore in the year-ago period.

Suven Life Sciences

Shares of Suven Life Sciences surged 6 per cent on Bombay Stock Exchange in Tuesday's trade after the drug firm secured five product patents for their New Chemical Entities (NCEs) in Australia, China, Europe, South Korea and USA. The stock ended the day at Rs 289.10, up 3.66 per cent after touching an intraday high of Rs 295.90, up 6.04 per cent, on BSE.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
Published on: Oct 13, 2015 4:39 AM IST
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