Nifty, Sensex Take a Breather - Monday Closing Report
Moneylife Digital Team 18 September 2023
On Monday, 1699 stocks advanced, 2074 declined and 174 remained unchanged, with an advance decline ratio of 0.82 on the Bombay Stock Exchange (BSE), indicating a negative closing of stocks in broader markets, after a remarkable winning streak. The trend of the major indices on Monday’s trading is given in the table below
On NSE, 131 securities advanced and closed at a new 52-week high whereas 10 securities sank to close at their new 52-week lows.  In sectoral indices, Nifty Media, Nifty Metal, Nifty IT and Nifty Pharma were among the biggest losers.  Nifty PSU Bank, Nifty Auto and Nifty FMCG were among the biggest gainers.  
Salasar Techno Engineering (+2.89%) secured a significant EPC contract valued at $9.40 million from Energy Development Corporation. 
Radico khaitan (+1.06%) announced successful commissioning of its 350 KLPD  greenfield grain distillery. 
TCS (+0.21%) introduced cloud-based solution for environmental impact
HFCL (+1.51%) has secured the order worth  Rs1015 crores from Madhya Pradesh Jal Nigam for providing EPC Services including provision for laying of optical fiber cables on critical and important routes.
KP Energy (-0.11%) has successfully commissioned further 21MW (Phase-IV) ISTS connected wind power project comprising 10 numbers of WTGs of 2.1MW each at Sidhpur site in Devbhoomi Dwarka.
RMC Switchgear (+1.98%) received order from Maharashtra government under Revamped Distribution Sector Scheme (RDSS) worth Rs112.82 crore. 
Defence Acquisition Council approved acceptance of necessity for nine capital acquisition proposals for the armed forces worth Rs45,000 crore.
Texmaco Rail & Engineering (-2.13%) has approved fund raising up to Rs1,000 crore by way of issuance of equity shares through QIP and Rs50 crore by way of preferential issue to promoters.
Bharat Electronics  bagged multiple orders worth Rs3,000 crore for the supply of various equipments to Cochin Shipyard and others.
Tata Steel (-1.14%) and the UK government jointly agree on a proposal for the largest investment in the UK steel industry for decades.
Indian Oil Corp (+0.82%) board approved an additional investment of Rs 903.52 in JV Hindustan Urvarak and Rasayan to be used for setting up fertiliser plants in Gorakhpur, Sindri, and Barauni.
In large trades, NHPC (-1.28%) 0.01% equity change hands at an average price of Rs55.20 per share. Indian Overseas Bank (+14.43%) 0.01% shares equity shares change hands at an average price of Rs45.65 per share. 
ADF Foods (-3.64%) promoter sold net 29,000 shares through open market. Gati promoter sold net 11,952 shares through open market. Divi's Laboratories (-1.06%) relatives sold net 870 shares through open market. Hindustan Foods (-0.15%) insiders sold net 51,338 shares through open market. Mrs Bectors Food Specialities (-1.12%) promoter bought net 5,100 shares through open market. Usha Martin (-1.53%) promoter sold net 400,000 shares through open market. Jindal Photo (-0.27%) promoter bought net 81,000 shares through open market. 
The closing values of the major Asian indices are given in the table below:
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