Top 5 stocks of the day: Top losers on the Nifty included Hindalco Industries, Tata Steel, JSW Steel, IndusInd Bank and Bharti Airtel, while gainers were BPCL, Nestle India, Asian Paints, HUL and Titan Company. On the sectoral front, metal index shed nearly 3 percent, while pharma, oil & gas, power, FMCG, realty indices rose 1 percent each. The BSE midcap index ended on flat note, while smallcap index fell 0.7 percent.
Top 5 stocks of the day: Sensex and Nifty
In a day that was incredibly tumultuous on March 16, benchmark indices ended on a positive note. At closing, the Nifty was up 13.40 points or 0.08% at 16,985.60 while the Sensex was up 78.94 points or 0.14% at 57,634.84. A total of 1377 shares increased, 2062 fell, and 107 were constant.
Top Stock Gainers
| Company | CMP | Chg(%) | Volume |
|---|---|---|---|
| Adani Green Ene | 777.95 | 4.99 | 610.43k |
| Adani Trans | 971.80 | 4.38 | 402.10k |
| Power Grid Corp | 231.70 | 1.47 | 316.18k |
| NTPC | 179.50 | 0.64 | 293.73k |
| ABB India | 3,317.00 | 0.44 | 7.54k |
JSW Energy raises Rs 250 crore via NCDs
Due to the Finance Committee’s approval of the distribution of 25,000 non-convertible debentures at Rs 1 lakh each, JSW Energy has raised Rs 250 crore. The board had authorised raising up to Rs 2,500 crore through private placement of NCDs in October of last year. It will mature on March 13, 2026. JSW Energy was trading at Rs 254.30 on the BSE, down Rs 1.15 or 0.45%.
Zee Entertainment agrees to repay dues owed to IndusInd Bank
According to people familiar with the situation, Zee Entertainment Enterprises has agreed to pay back debts owed to IndusInd Bank as the company works to end insolvency proceedings brought against it and move closer to completing a merger with a Sony Group unit to create a $10 billion media conglomerate.
According to the people, who asked to remain anonymous because the information is private, the repayment of the lender’s approximately 837 million rupee ($10 million) debt could take place as soon as this Friday, and the Mumbai-based bank has agreed to drop its insolvency case against the media company once the repayment is made.
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