Nifty Metal index has fallen 5% in the past three trading sessions, at its lowest level since June 30, 2017.
Grabs the highest AA+ rating after Pune from two agencies; Issue will be the city civic body's fifth in about a decade
The stock is down by 4% at Rs 20,321, falling 12% in past two days and trading near its 52-week low of Rs 20,301 touched on October 4, 2018, in the intra-day deals.
Dena Bank is down 18 per cent, while Vijaya Bank is trading 7 per cent lower. On the other hand, shares of Bank of Baroda rose 2 per cent.
Reliance Jio Infocomm Ltd added 10.5 million subscribers to its network, making it the third biggest in the country
The stock slipped 5% to Rs 251 on Thursday, falling 11% in past two trading days on BSE, after the rating agency ICRA on Wednesday downgraded the airline's loan and debenture ratings.
The stock hit a new high of Rs 683, up 16%, surging 72% from its recent low of Rs 395 on November 7, 2018.
Dena Bank plunged 20% to Rs 14.40 and Vijaya Bank slipped 7% to Rs 47.25, while Bank Baroda was up 3% at Rs 123 on the BSE in intra-day trade.
Here's a look at the top stocks that may hog the limelight in today's session -
On Wednesday, the domestic unit crashed 75 paise, its first loss in last four sessions, to close at 70.18 amid strengthening of the greenback and heavy selling in domestic equities.
For Tata Steel, keep a stop at 498 and go short
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.
Nifty outlook and top trading ideas from Sacchitanand Uttekar, DVP - Technical (Equity), Tradebulls Securities
We are also expecting a similar relief to the exporters of articles of silver and platinum very soon, said Pramod Kumar Agrawal, chairman of Gem & Jewellery Export Promotion Council
MTM gain and availability of liquidity mitigates pressure to increase deposit rates, amid relatively slower growth in deposits
Domestically, market indices are quoting at a premium to their historical averages but the premium currently is not very high, says Menon
Oil futures were buoyed by some gains in US stocks, with the Nasdaq Composite turning positive after earlier losses
Besides pricing pressure, muted demand from the trade segment and recent acquisitions could hit margins
Farm sector worries and marginal market share loss resulted in tepid tractor sales in December
A fifth of listed SMEs saw sharp fall in revenue growth; analysts say timing of going public a key factor