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Jaypee Infratech, Bank of Baroda, PC Jeweller Among Key Stocks in Focus Today

File photo of Bombay Stock Exchange.

File photo of Bombay Stock Exchange.

The benchmark BSE Sensex was trading up 69.41 points, or 0.17%, to 41,421.58, while the Nifty 50 rose 18.90 points, or 0.16%, to 12,183.90.

Indian stock markets were trading marginally higher on Wednesday amid positive Asian cues. At 10:19 am, the benchmark BSE Sensex was trading up 69.41 points, or 0.17%, to 41,421.58, while the Nifty 50 rose 18.90 points, or 0.16%, to 12,183.90. Jaypee Infratech, Bank of Baroda, PC Jeweller and Prestige Estates were among the key stocks in news today. Read on to know more:

Jaypee Infratech: Jaypee Infratech Ltd’s shares surged 9% after NBCC’s resolution plan for the company was cleared by the Committee of Creditors.

Bank of Baroda: Bank of Baroda Ltd shares declined 3% after the Reserve Bank of India’s risk-assessment report showed that the public sector lender under-reported bad loans by Rs 5,250 crore for fiscal 2018-19.

PC Jeweller: PC Jeweller Ltd shares slumped over 7% after the company’s promoter Padam Chand Gupta was fined by market regulator Sebi for violating insider trading rules.

Prestige Estates: Prestige EstatesProjects Ltd shares jumped over 6% after the company’s board said it will consider raising funds via preferential issue of shares on 20December.

NMDC: NMDC Ltd shares rose 1.5% after the company got 20-year extension for four iron ore mines in Chhattisgarh.

L&T Finance: L&T FinanceHoldings Ltd shares were down 1.5% after the company said it raised Rs 1,503 crore in early closure of public issue of bonds.

Zee Entertainment: Zee EntertainmentEnterprises Ltd shares inched down 1.5% after Brickwork revised rating on 6% cumulative redeemable preference shares to AA from AA+.

Allahabad Bank: Allahabad Bank shares fell 1.3% after Crisil assigned AA-/Rating Watch With Negative implications to the lender’s Tier-II bonds worth Rs 1,500 crore.