Nifty, Sensex end flat - Monday Closing Report
IANS 25 September 2023
On Monday, 1824 stocks advanced, 1952 declined and 170 remained unchanged, with an advance decline ratio of 0.93 on the Bombay Stock Exchange (BSE), indicating a negative closing of stocks in broader markets. The trend of the major indices on Monday’s trading is given in the table below
On NSE, 73 securities advanced and closed at a new 52-week high whereas 16 securities sank to close at their new 52-week lows.  In sectoral indices, Nifty IT, Nifty Media, Nifty Pharma and Nifty Metal were among the biggest losers.  Nifty PSU Bank, Nifty Infrastructure and Nifty FMCG were among the biggest gainers. 
Kewal Kiran Clothing (+1.79%) launched its first exclusive boys wear brand Junior Killer.
Cera Sanitaryware (+1.56%) manufacturing capacity of faucetware plant has been increased from 3 Lakh pieces per month to 4 Lakh pieces per month.
Shyam Metalics (+2.82%) will make aluminium foil for lithium-ion cell manufacturing. 
Alkem Laboratories (-0.16%) signed a co-development and license agreement with Biotech company Biosergen AB for BSG005, which is used for the treatment of severe and difficult-to-treat invasive fungal diseases.
Spectrum Foods (+4.68%) has received all necessary permissions from Government Department for construction of 185 rooms for upcoming luxury resort project.
MCX will go live on new tech platform from October 1, new tech platform being serviced by TCS. MCX will need SEBI and board nod to go live on new tech platform from October 1.
North Western railway plans to implement the Kavach anti-collision system developed by HBL power system (+3.13%). 
Shree Renuka Sugars (+2.02%) entered  into binding agreements for acquisition of 100% of the equity shares of Anamika Sugar.
SJVN (-3.39%) has accorded its in-principle approval for monetisation of partial earnings of the Nathpa Jhakri Hydro Power Station through Securitisation of its Future Return on Equity.
Tata Communications (-1.03%) had entered into an agreement to acquire Kaleyra Inc.
Krishana Phoschem (+4.47%) promoter bought net 30,950 shares through open market. Venus Pipes and Tubes (-15.77%) promoter bought net 8,750 shares through open market. Stel Holdings (-0.63%) promoter bought net 9,286 shares through open market. Sangam (India) (-0.24%) insiders  bought net 23,881 shares through open market. Action Construction Equipment (-1.12%) insider  bought net 2,600 shares through open market. Maharashtra Seamless (-0.23%) promoter bought net 31,800 shares through open market. Xpro India director sold net 1,300 shares through open market. Som Distilleries and Breweries (+1.94%) promoter bought net 10,000 shares through open market. DB Realty Promoter sold net 10,052 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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