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Banking stocks were trading in red, with the S&P BSE BANKEX index decreasing 107.38 points or 0.29% at 36365.77 at 13:49 IST.
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Oil & Natural Gas Corporation is quoting at Rs 107.6, up 2.38% on the day as on 12:49 IST on the NSE.
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Tata Motors Ltd is quoting at Rs 312.75, up 3.05% on the day as on 12:49 IST on the NSE.
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Jhunjhunwala reduced his holdings in VIP Industries to 2.3% from 5.3% while he raised his holdings in Fortis Healthcare by 0.3 percentage point to 4.3% from 4%
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Most buybacks are done at a premium to the market price and that becomes profitable to shareholders.
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Global brokerage firm CLSA also gave a ‘Buy’ rating to Tata Communications in March with a price target of Rs 1,475
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Kamdhenu has signed ace Bollywood celebrity and entrepreneur Preity G Zinta as its brand ambassador.
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In US, the S&P 500 and Dow Jones indices hit record highs on Thursday
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Infosys' market valuation went lower by Rs 15,807.03 crore to Rs 5,80,088.97 crore on the BSE
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The 30-share BSE Sensex, which recovered 793 points from day's low, settled 259.62 points higher at 48,803.68.