About 1,207 shares have advanced, 2,309 declined and 124 are unchanged. PSU Banks, FMCG and pharmaceutical companies have witnessed healthy buying interest but IT and teck equities continue to struggle. However, the Indian indices ended the day higher.

PSU Bank is the standout performer, rising more than 3 per cent on the NSE because of the strong interest rates in PSU Banks.

Today, the stock of this company was locked at 20 per cent at Rs 5.88.

With the majority stake held by the government, these companies are comparatively less volatile and stable in market actions.

Indian benchmark indices closed to their day’s low but there were some stocks wherein fresh buying was seen and it led these stocks to reach a new 52 week high on Thursday.  

Reliance Industries Ltd has today signed definitive agreements to acquire a majority stake in SenseHawk Inc (“SenseHawk”) for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products, and R&D.

The mid-cap index has gained 365 points and is currently trading at a level of 25,278.

On August 29, 2022, Olatech Solutions Limited became three hundred and eighty-sixth business to get listed on BSE SME platform

The domestic indices had a great start to the day but gave up the majority of the gains to end flat. With the exception of BSE Realty and BSE FMCG, almost all the other sectors were trading higher. With gains of over 1 per cent each, BSE Metals and BSE Consumer Durables were the top performing sectors.  

At the time of the closing bell on Thursday, the markets eroded the day’s gains, ahead of the monthly expiry, dragged by IT, FMCG, and pharma stocks.  

 At day end, Sensex closed at 58,774.72, losing 310.71 points or 0.53 per cent whereas Nifty 50 was at 17,522.45, down by 82.50 points or 0.47 per cent.