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Sensex ends 261 pts up, Nifty at 10,772; Banks, RIL rally

Markets ended higher on Wednesday despite mixed cues from their Asian peers amid ongoing trade war tensions between the US-China.

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Wheels India rallies 30% in two days as company mulls bonus issue plan

Shares of Wheels India hit a new high of Rs 2,690 per share, rising 11% from its previous close. The stock has surged 30% in past two trading sessions after the company announced that its board will consider a bonus issue proposal in their forthcoming board meeting on Friday, June 22, 2018.

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28 companies announce buyback plans aggregating Rs 213 billion

The first six months of calendar year 2018 (CY18) has seen 28 companies announce buyback plans aggregating Rs 213 billion with Tata Consultancy Services (TCS), Kaveri Seed Company and Jagran Prakashan planning a buyback of their shares for the second consecutive year.

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Airlines stocks trade weak as air passenger traffic growth slows in May

Shares of all three listed airlines companies InterGlobe Aviation, SpiceJet and Jet Airways were trading lower by up to 4% on the BSE after the air passenger traffic growth slows in the month of May.

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