Top Biz-Buzz: Mid-Market Buzz of Major Stocks

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Stock markets have turned turbulent during the mid-session after opening on a subdued note. Bharti Airtel and Bharti Infratel stocks were down on the Nifty50 index, while benchmark Nifty stood still flat at 11,992-level and the Sensex traded at 40641-levels at around 12.20-pm.

Top Buzzing Stocks Today: Shares of Bharat Petroleum Corp slipped 2% to Rs.533.75 on the NSE after the Cabinet approves the sale of govt’s stake in three companies viz Bharat Petroleum Corp (BPCL), Shipping Corp of India (SCI) and Container Corp of India (CCI).
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Meantime, Shipping Corp of India traded lower at Rs.65.30-per share, down by 4.67%, while CCI traded Higher at Rs.579.85-per share, up by 0.29%

Shares of Zee Entertainment Enterprises Limited (Zeel) trader higher at Rs327.65-per share, up by 6.73% after its promoter Essel Group decided to sell 16.5% stakes to raise Rs.5000-r to repay loan obligations.

Shares of Tata Consultancy Services (TCS) traded higher at R.2,122.10-per share, up by 0.64%, after the Company announced the launch of a top innovation Hub in Hyderabad, India.

Tata Motor’s share price advanced to Rs.167.85-per share, up by 0.27% after Moody’s assigned a B1 rating to JLR’s 500-MLN euro proposed notes. In addition, the company has raised USD300-mln by the allotment of the Notes in the international markets.

Share price in Jubilant Life Sciences went up 3.66% higher at Rs.522-per share after China decided to stop the 17.6% anti‐dumping duty on imported pyridine, a heterocyclic organic compound, originating in India.

Shares in Reliance Capital Limited plunged 5% to Rs.17.15-per share after Delhi High Court passes an order placing either restriction any sale.
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