Nifty, Sensex End Flat after 5-day Losing Streak- Thursday Closing Report
Moneylife Digital Team 16 March 2023
On Thursday, on the Bombay Stock Exchange (BSE), 1084 stocks advanced, 2105 declined and 130 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 Thursday’s trading is given in the table below:
On NSE, 13 securities advanced and closed at new 52 week high whereas 276 securities sank to close at their new 52-week lows. 
In sectoral indices, Nifty Metal and Nifty IT were among the biggest losers. Nifty Media, Nifty FMCG, Nifty Energy and Nifty Pharma were among the biggest gainers.
Indian rupee closed at 82.73/$ against previous close of 82.60/$.
National Company Law Tribunal (NCLT) has approved the state-owned GAIL's (+0.46%) Rs2,079 crore resolution plan for JBF Petrochemicals.
Lemon Tree (-0.20%) signed licence pact for 60 room hotel in Sri Ganganagar, Rajasthan.
Patel Engineering (+3.81%) bagged Rs1,265 crore orders in Madhya Pradesh and Karnataka.
Man Industries (+4.59%) bagged export order of approximately Rs1,300 crore.
Canara Bank (+0.18%) has disbursed Rs75 crore as term loan for 5 years to Paisalo Digital.
Mold-Tek Packaging (+0.14%) selected as packing material supplier by Grasim Industries.
Sarda Energy Minerals received grant from Chhattisgarh Environment Conservation Board for expansion in existing rolling mill.
Zee Entertainment (+9.34%) agreed to repay dues owed to IndusInd Bank.
Man Industries (+4.22%) bagged export order of Rs1,300 crore
Glenmark Pharma (+1.03%) unit received acceptance from USFDA on its investigational new drug application to proceed with a phase 1/2, first-in-human clinical study of the molecule for the treatment of patients with advanced solid tumors and lymphomas
Dr. Reddy's Lab (-0.24%) divested certain non-core brands in dermatology in India to Eris Lifesciences.
Marico(+0.67%) promoters sold net 650,000 shares through open market. Marshall Machines (-1.47%) promoters sold net 300,000 shares through open market. Gateway Distriparks (-2.97%) promoters bought net 175,000 shares through open market. Stel Holdings (+0.60%) promoters bought net 14,661 shares through open market. Pudumjee Paper Products (+0.13%) promoters bought net 19,737 shares through open market. Centrum Capital (-1.94%) promoters bought net 125,000 shares through open market. Centrum Capital (-1.94%) immediate relative bought net 50,000 shares through open market. NCL Industries(-0.38%) director bought net 26,302 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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