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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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Macrotech Developers, which recently concluded its Rs 2,500-crore initial public offering, will make its debut on the stock exchanges on April 19, Monday
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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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Wipro traded 4.13% higher at Rs 448.80 in the early trade, while the benchmark BSE Sensex traded 0.13% up at 48,868.
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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