Sun Pharma, SpiceJet among top 6 stocks that are hogging limelight on Dalal Street
The S&P BSE Sensex on Thursday was trading in a range, while the broader Nifty50 tested its key 8,200-mark ahead of the Britain referendum. The headline indices traded flat tracking positive trend seen in Asian markets as investors were cautiously optimistic that British voters would opt to remain in the European Union at a referendum later in the session. Key Stocks buzzing in today's trade:
1)Sun Pharmaceutical Industries: Shares of Sun Pharmaceutical surged over 2 per cent even after the pharma company has started recalling 2,839 bottles of anti-bacterial medicine Nitrofurantoin Oral Suspension in the US market account of failed dissolution specifications.
2) NTPC: Shares of NTPC plunged over 3 per cent as the government will sell 2.06 crore shares in NTPC to eligible employees at a price of Rs 115.90, a 5 per cent discount to the price of Rs 122 at which the government sold 5 per cent stake in the power generator in February.
3)Lupin: Shares of Lupin soared over 1 per cent after the pharma company has received approval from the US Food and Drug Administration for its generic Amabelz tablets in the American market.
4) GAIL India: Shares of GAIL India declined 0.88 per cent even after the nation's biggest gas transporter reported it has awarded Rs 550 crore worth of contracts for laying part of 'Urga Ganga' gas pipeline from Phulpur in Uttar Pradesh to Haldia in West Bengal.
5) SpiceJet: Shares of SpiceJet declined over 2 per cent after the airline company is offering one-way fares beginning at Rs.444 (excluding taxes and fees) in a five day sale offer. 6)Reliance Power: Shares of Reliance Power slipped over 2 per cent after the Coal Ministry has issued show cause notice to Reliance Power asking reasons for delays in developing coal mines allocated for Tilaiya UMPP, says media report.