NIFTY, SENSEX decline after 7-day rally; HAL, REC, Trent, L&T among top buzzing stocks

Top buzzing stocks: Benchmark indices gave up early gains and slipped into the red on Wednesday due to profit-taking. SENSEX declined 259 points to 77,753, while NIFTY fell by 0.19% to 23,624 at 1:00 pm.

From the NIFTY pack, IndusInd Bank, Trent, Mahindra & Mahindra, Power Grid, and BEL were among the major gainers.

NTPC, Tech Mahindra, Cipla, Axis Bank, and Bajaj Finance were among the top laggards.

On Tuesday, foreign institutional investors or FIIs bought equity shares worth ₹5,371.57 crore, according to exchange data.

Top buzzing stocks on March 26

The company also appointed Guilherme Vieira De Mendonca as the managing director and chief executive officer of SEIL. He was earlier heading Siemens' energy business.

"This is an important milestone in our 40-year partnership with HAL and in our ongoing efforts to support India's defence sector by advancing next-generation fighter capabilities while strengthening domestic defence manufacturing," GE Aerospace said in a statement.

This includes debentures, domestic bonds, capital gains tax exemption bonds, external commercial borrowing, rupee term loan from banks and financial institutions amounting to ₹1.55 lakh crore; short-term loan from bank and financials institutions valued at ₹10,000 crore, and commercial papers valued at ₹5,000 crore, the company said in an exchange filing.

"The scope of work encompasses the engineering, procurement, fabrication, installation, and commissioning of two offshore compression complexes, each comprising of large offshore platforms with compression & power generation facilities, living quarters, flare platforms, interconnected bridges, and other associated structures to be located at approximately 80 kms off the northeast coast of Qatar," L&T said in a regulatory filing.