The market closed on a positive note, snapping a two-day losing streak. The NSE Nifty50 ended at 16641.80, 157.95 points higher while the benchmark BSE Sensex closed at 55816.32, 547 points up. Here are the key stocks that moved the most in today's trading session:
Maruti Suzuki | Maruti Suzuki — India's largest carmaker — on Wednesday reported a net profit of Rs 1,012.8 crore for the April-June period, more than double compared with the corresponding period. Its stock closed 1.6 percent higher on the BSE.
United Spirits Ltd | United Spirits shares fell over seven percent on Wednesday, a day after the alcoholic beverages company reported a 204 percent year-on-year jump on strong consumer demand in the first quarter ended June. Its stock closed 6.7 percent lower on the BSE.
Larsen & Toubro Ltd | Larsen & Toubro share price surged over 3 percent on Wednesday, hitting its three-month high price of Rs 1,819 apiece after the infra major reported strong June quarter results. Its stock closed nearly 2.7 percent higher at Rs 1,797.2 apiece on the BSE.
Sanofi India | Shares of Sanofi India fell more than 3 percent on Wednesday after the pharmaceutical company reported a gloomy set of quarterly numbers. This, despite the company announcing a 1930 percent special dividend. Its stock closed nearly 3.5 percent lower on the BSE.
Sun Pharmaceutical Industries Ltd | Nifty50's top gainer, the company's shares closed nearly 3.2 percent higher.
Tata Power | Shares of Tata Power dropped over 4 percent on Wednesday after the company reported that its operating margin fell to 13 percent in the April-June quarter due to a rise in power and fuel costs. Its stock closed 3.6 percent lower on the BSE.