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The benchmark Bombay Stock Exchange (BSE) Sensex on Tuesday reversed its three-session fall by rising 219 points to settle at 27,396.38 as blue-chips jumped on better-than-expected earnings numbers.
On similar lines, the 50-share NSE Nifty gained 71.80 points or 0.87 per cent to close at 8,285.60. Intra-day, it regained the 8,300-mark to touch day's high of 8,308 and a low of 8,185.15.
ICICI Bank was the top performer of the day with its shares rising 8.02 per cent to close at Rs 326.65 apiece on BSE, whereas ITC emerged as the biggest loser as the shares closed at Rs 337.50 per share, down by 1.92 per cent.
Here are the three key stocks that made news today:
Wockhardt
The Wockhardt stock closed 6.52 per cent lower to Rs 1,243.35 after the announcement made by the company that it has decided to recall its remaining batches of drugs from the US market after the US FDA found safety issues with the drugs.
Maruti Suzuki
The country's largest carmaker Maruti Suzuki on Monday reported a 60.5 per cent jump in its net profit at Rs 1,284.2 crore for the fourth quarter. As a result of this, shares of the auto major continued to rise on Tuesday also becoming the second best performer at the stock market. Shares of the company closed at Rs 3826.65, up by 4.93 per cent.
ICICI Bank
India's largest private sector lender ICICI Bank on Monday registered 10.2 per cent rise in its net profit at Rs 2,922 crore for the fourth quarter ended March 2015 on the back of higher interest income. Reacting to this positive result, shares of the bank closed at Rs 326.65 apiece, up by 8.02 per cent on Tuesday.
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