Extending losses for the fourth consecutive session, the domestic markets ended sharply lower in trade on Thursday as participants cut down bets in view of the October series expiry in the derivatives segment.
Sentiment on the Street remianed negative with 22 of the 30 Sensex stocks ending the day in red.
Here are top stocks that were in focus today:
- JustDial: Shares of JustDial tumbled over 7 per cent in trade on Thursday after the company reported muted topline growth for the September quarter of current fiscal year. The stock was the top loser among F&O stocks and ended the day 11.87 per cent down at Rs 854.75 after hitting an intraday low of Rs 848.10, down 12.06 per cent, on the Bombay Stock Exchange.
- Mphasis: Shares of Mphasis spurted 18.58 per cent intraday in Thursday's trade continuing its rising trend ever since the company reported its Q2 earnings which were broadly in line with expectations. The stock ended 14.83 per cent higher at Rs 517.10.
- NTPC: Shares of NTPC ended 1.35 per cent down even as the company posted around 40 per cent increase in net profit at Rs 2,898.28 crore for the second quarter ended on September 30 on account of higher power generation.
- YES Bank: Shares of YES Bank surged over 2 per cent in trade on Thursday after the company posted a 26.3 per cent year-on-year increase in net profit at Rs 610 crore, driven by healthy NII and other income growth, in the second quarter ended September 30. The stock settled at Rs 743.40, up 1.95 per cent after hitting an intraday high of Rs 746.90, up 2.41 per cent on the BSE.
- Sun Pharmaceutical: Shares of Sun Pharmaceutical ended over 2 per cent down after the pharma major said its arm Thea Acquisition Corp plans to exercise a 'top up option' to purchase shares directly from eyecare firm InSite Vision to hold 90 per cent stake in the US-based company to complete a merger, after failing to get required number of shares via a tender offer.
- Torrent Power: Shares of Torrent Power spiked 9 per cent in trade on Thursday after the company reported consolidated net profit of Rs 246.27 crore for the quarter ended September 30. The company had posted a net profit of Rs 23.73 crore in the same period a year ago. The stock ended the day 3.85 per cent up after hitting an intraday high of Rs 199.80, up 8.97 per cent, on the BSE.
- Jet Airways: Shares of Jet Airways ended 2.04 per cent down even as the company on Wednesday reported 25 per cent jump in net profit at Rs 87.59 crore in the second quarter of this fiscal, ended September 30, boosted by low aviation turbine fuel prices and high passenger traffic.
- Ambuja Cements: Shares of Ambuja Cements slipped 3 per cent in trade on Thursday after the company reported 36 per cent decline in its standalone net profit at Rs 153.57 crore for the third quarter ended September 30, 2015, due to an additional depreciation charge, among other factors. The stock ended the day flat at Rs 207 after hitting an intraday low of Rs 202.45, down 3.01 per cent, on the Bombay Stock Exchange.
- Bharat Forge: Shares of Bharat Forge ended 6.05 per cent down after the auto component major reported just a marginal increase in company's standalone net profit at Rs 175.06 crore for the second quarter ended September 30.
- Amtek Auto: Shares of Amtek Auto ended 3.88 per cent down after a Reuters report said the loss-making car parts maker is looking to sell its German unit Tekfor, a business with sales of more than 500 million euros ($554 million).