Nifty, Sensex Continued to fall amid global uncertainty - Tuesday Closing Report
Moneylife Digital Team 14 March 2023
On Tuesday, on the Bombay Stock Exchange (BSE), 1179 stocks advanced, 2349 declined and 102 remained unchanged with advance decline ratio of 0.51, indicating a negative closing of stocks in broader markets.
 
The trend of the major indices on Tuesday’s trading is given in the table below:
 
 
On NSE, 17 securities advanced and closed at new 52 week high whereas 238 securities sank to close at their new 52-week lows.  
 
In sectoral indices, Nifty PSU Bank, Nifty IT and Nifty Metal were among the biggest losers. Nifty Media and Nifty Pharma were among the biggest gainers.
 
Indian rupee closed at 82.49/$ against previous close of 82.12/$.
 
Bandhan Group will enter general insurance business followed by life insurance. The group had a meet with IRDAI officials to express their intentions.
 
Apollo Pipes (+1.31%) board approved fund raising of up to Rs 259.60 crore via preferential issue.
 
HCC (+4.18%) JV bagged contract worth Rs3,681 crore from NHSRCL.
 
Axita Cotton (+1.20%) shares gained on orders from Bangladesh.
 
BL Kashyap Sons (+0.72%) bagged orders worth Rs158 crore.
 
National Aluminium Company announced Rs2.50 interim dividend.
 
Sun TV (+0.29%) declared dividend at Rs2.50 per share.
 
GST Department conducted search at Exxaro Tiles' Padra, Gujarat plant.
 
Glenmark Pharma (-2.36%) received ANDA approval for Clindamycin Hydrochloride Capsules.
 
TCS launched 5G-enabled cognitive plant operations adviser to transform plant operations.
 
Tube Investments (+0.04%) signed pact with N Govindarajan, former CEO of Aurobindo Pharma for pursuing contract manufacturing business.
 
Surya Roshni (+3.06%) received orders worth Rs96 crore. 
 
GMR Airports Infrastructure (+1.54%) issued NCDs worth Rs 8.40 billion.
 
Aurobindo Pharma (+0.40%) received USFDA nod for Lurasidone Hydrochloride.
 
In Large trades, Persistent systems (-1.92%) 0.26% equity changed hands at Rs4,516.51 per share. 
 
Godha Cabcon and Insulation promoters sold net 1,000,000 shares through open market. ADF Foods promoters sold net 20,000 shares through open market. Orient Electric director sold net 11,994 shares through open market.
 
Pudumjee Paper Products promoters bought net 68,000 shares through open market. Som Distilleries and Breweries promoters bought net 5,000 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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