Nifty, Sensex Still Trendless - Thursday Closing Report
Moneylife Digital Team 23 November 2023
On Thursday, 2064 stocks advanced, 1636 declined and 144 remained unchanged, with an advance decline ratio of 1.26 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets. The trend of the major indices on Thursday’s trading is given in the table below.
On NSE, 91 securities advanced and closed at a new 52-week high whereas 11 securities sank to close at their new 52-week lows.  In sectoral indices, Nifty Pharma, Nifty IT and Nifty PSU Bank were among the biggest losers. Nifty Metal, Nifty Auto and Nifty Media among the biggest gainers.
RailTel Corporation of India (RailTel) (+3.18%)and Electronics Corporation of India (ECIL) have signed a Memorandum of Understanding (MoU) to establish a collaborative partnership in the fields of ICT, Homeland Security, Cloud service etc.
Glenmark Pharmaceuticals (-0.09%) Mahwah-based unit -- Glenmark Pharmaceuticals Inc, USA, is recalling 5,856 bottles of Deferasirox tablets for oral suspension.
Crompton Greaves Consumer Electricals (-0.12%) has launched a new product - PTC room heater namely ‘ACGRH Insta Genial’.
Affle (India) (+1.74%) has filed 15 patents in India. These newly filed patents cover advanced artificial intelligence (AI) subject areas, including automated AI agents, personalization & recommendation, predictive analysis, privacy management, enhanced fraud detection and security.
Akshar Spintex (+2.85%) has secured international order worth Rs171 crore from Beximcorp Textiles, Tejgaon, Dhaka for Supplying 7400 MT Processed Cotton Yarn.
Max Estates (-0.81%) has received completion-cum-occupancy certificate for phase 2 of Max House, a boutique office campus in Okhla, South Delhi. This phase of the development has a net leasable area of around 1.5 lakh sq. ft. When combined with Phase 1, the campus has around 2.55 lakh sq. ft. of leasable area.
Servotech Power Systems (+3.65%) has bagged 2649 AC EV charger orders from Bharat Petroleum Corporation (BPCL).
Lupin (-1.74%) has launched the world’s first fixed-dose triple combination drug (FDC) under the brand name Vilfuro-G for the effective management of chronic obstructive pulmonary disease (COPD) in India.
Axita Cotton (+2.88%) has secured a new sales orders from multiple vendors of the industry. The company has received various contracts of supplying cotton bales worth of Rs89.22 crore.
Garden Reach Shipbuilders & Engineers (GRSE) (+3.58%) has signed a Memorandum of Understanding (MoU) with Shift Clean Energy (Shift), Seatech Solutions International (Seatech) and the American Bureau of Shipping (ABS) to develop Electric Tugs E-VOLT 50.
Shyam Century Ferrous (+3.06%) director sold net 383,936 shares through open market. Prakash Steelage (+0.92%) promoter bought net 10,000 shares through open market. Global Education (+1.43%) promoter sold net 5,502 shares through open market. Praj Industries (+6.99%) director sold net 27,709 shares through open market. Mittal Life Style promoter sold net 363,298 shares through open market. D B Realty(-1.09%) promoter sold net 270,000 shares through open market.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below:
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