The market ended lower on Thursday amid weak global cues. Sensex tanked 1,045 points to 51,495 and Nifty ended 331 points lower at 15,360. Market fell for the fourth consecutive session ahead of Federal Reserve’s policy announcement on Wednesday. Sensex fell 152 points to 52,541 and Nifty closed 40 points lower at 15,692.
Tata Steel, Tech Mahindra and Bharti Airtel were the top Sensex losers falling up to 6.04 per cent. Nestle was the sole Sensex gainer, rising up to 0.30 per cent.
Here’s a look at stocks that are likely to remain in news today.
Grasim Industries: The Aditya Birla group firm announced the appointment of Pavan Jain as its next Chief Financial Officer with effect from August 15, 2022. His appointment comes in the wake of incumbent Ashish Adukia’s plan to pursue career opportunities outside the Aditya Birla Group.
Tata Motors: Amid a fluid outlook for the near-term with multiple challenges, Tata Motors is taking the right actions to navigate them while taking concerted actions to be future ready and create a virtuous cycle of growth, according to company Chairman N Chandrasekaran.