The indices
pared their day's gains and closed nearly half a per cent lower on Tuesday led
by a fall in TCS, Infosys, RIL and HDFC twins.Bears dragged the Nifty
below 10,600 during last hour trading but managed to close just above the
10,600 level.At the end, Sensex was down 145 points at 35352, while Nifty was
down 36 points at 10604. About 1360 shares have advanced, 1169 shares declined,
and 122 shares are unchanged.
Buzzing StocksShares of Emami surged 17.6 per cent to Rs 417.7 apiece on the BSE in the
intra-day trade after the promoters of the personal products company divested
10 per cent stake in the company for Rs 1,600 crore to reduce the debt. The
stock ended 14.80 per cent higher at Rs 407.60.
Shares of Kaveri Seed
Company (KSCL) slipped 14.7 per cent to hit a 52-week low of Rs 399 on the BSE,
extending its fall in the past four sessions after the company reported a weak
set of numbers for the quarter ended December 2018 . The stock closed at Rs
421.45, down 9.95 per cent.The promoters of Emami Group announced a sale of 10 per cent
stake in Emami, raising approximately Rs 1,600 crore. The transaction was
executed on the stock exchange today and the purchasers included SBI Mutual
Fund, PremjiInvest, Amundi, IDFC, L&T Mutual Fund and others
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