Sensex ends down 8 points lower, Nifty down 19 points

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Sensex ends down 8 points lower, Nifty down 19 points

The Sensex ended up with 8 points lower at 53,018 and Nifty lost 19 points to 15,780 in volatile trade on Thursday. The top Sensex losers were Tech Mahindra and the Bajaj twins, who fell to 2.09 per cent. Axis Bank, SBI, and Kotak Bank were the top Sensex gainers, rising to 1.74 per cent.

Here's a look at stocks that are likely to remain in news today.

Reliance Industries: Reliance Brands Ltd RBL, the retail brand licensing arm of the RIL conglomerate, has announced a strategic partnership with the global fresh food organic coffee chain, Pret A Manger, to launch and build the brand in India.

Indian Oil Corporation: India's largest oil company will invest 740.2 crore in order to increase the capacity of its Digboi Refinery in Assam from 0.65 million tonne per annum to 1 million tonne per annum.

Lupin: The pharma company received approval from the USFDA for Paliperidone Extended-Release Tablets. Paliperidone is mainly used to treat schizophrenia and schizoaffective disorder.

Indiabulls Housing Finance: The firm raised $100 million from State Bank of India through the external commercial borrowing route.

Bharti Airtel: The telco has decided to defer the payment of AGR dues up to FY 2018 -- 19 that are not tabulated in the Supreme Court's order, by up to four years. It has the right to pre-pay instalment amounts and would not be able to use the option of conversion of interest dues that would accrue into equity.

Hindustan Unilever: CEO and managing director of FMCG major Sanjiv Mehta will be appointed chairman non-executive chairman of Anglo-Dutch FMCG major Unilever's Indonesia business.

Hindustan Copper: The state-owned metal player said its board has suggested seeking shareholders' approval to raise up to 500 crore through debentures.

Blue Star: The rating agency CARE has reaffirmed its long-term, short-term rating on credit facilities and non- convertible debentures at AA, but changed its outlook from 'Negative' to 'Stable' based on healthy recovery and demand for air-conditioned and refrigeration products after the ebbing of the second wave of the pandemic.

The Transport Corporation of India: The logistics firm expects less than truckload business accounting for 40 per cent of the full truckload business in the next three years.