The S&P BSE Sensex on Wednesday pared all its gains to slip into red, while the broader Nifty50 managed to hold above its key 8,750.
The headline indices rallied tracking negative trend seen in Asian markets after investors got rattled by a report flagging the possible withdrawal of global stimulus measures.
Below are five stocks that are buzzing in trade today:
1) Tourism Finance
Shares of Tourism Finance Corporation of India advanced over 14 per cent on the BSE after Insync Capital, who have Rakesh Jhunjhunwala and his wife as partners, bought Rs 4.25 lakh shares in the company.
2) Idea Cellular
Shares of Idea Cellular turned flat after rising nearly 2 per cent on reports the company is planning to reorganise its telecom infrastructure and towers business.
3) Jubliant Life Sciences
Shares of Jubliant Life Sciences were trading flat after hitting an intraday high of Rs 663.95 after the company said its wholly-owned subsidiary has received approval from the Australian health regulator Therapeutic Goods Administration (TGA) for Lyophilized kit for preparation of injection used for lungs scan.
4) NBCC
Shares of NBCC surged over 8 per cent on the BSE after the PSU construction firm said it received orders worth Rs 1,117 core in September. "The order includes a Rs 440-crore hospital construction contract and a Rs 270-crore contract for construction of the University Grants Commission building complex in the Jawaharlal Nehru University campus.," said the company.
5) Atlanta
Shares of Atlanta rose over 4 per cent after it was awarded an amount of Rs 16.97 crore with an interest of 18 per cent to construct the Mumbai-Bypass of Mumbai-Pune road.
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