Top 5 stocks of the day: Bajaj Auto, Hero MotoCorp, M&M, Grasim Industries, and HCL Tech are the biggest gainers, while BPCL, Asian Paints, HUL, Jio Financial, and Tata Consumer Products were the biggest losers. FMCG, oil and gas, electricity, and real estate all experienced declines of 0.4–1 percent, while the sectors of car, bank, pharma, and information technology witnessed gains of 0.3–1 percent. The midcap and smallcap indices on the BSE finished higher.
Sensex and NSE Nifty50
The Nifty was up 89.20 points or 0.44 percent at 20,192.30 at closure, and the Sensex was up 319.63 points or 0.47 percent at 67,838.63. 1872 shares increased in price, 1649 shares decreased, and 145 shares were steady. On September 15, benchmark indices closed the day higher, with Nifty coming in close to 20,200.
Top 5 stocks of the day
Name of companies | Change | Volume |
Bajaj-Auto | 6.29% | 16,89,829 |
Hero MotoCorp | 2.25% | 9,49,607 |
M&M | 2.17% | 54,25,897 |
Grasim Industries | 1.99% | 16,66,149 |
HCL Tech | 1.60% | 42,86,280 |
Ashok Leyland forms JV with TVS Mobility
A joint venture (JV) business between Ashok Leyland and TVS Mobility Private Limited has been agreed upon, with TVS Mobility providing 50.1% of the company’s capital and Ashok Leyland providing the remaining 49.9%. Subject to meeting certain requirements and concluding agreements, the company will invest up to Rs 40 crores in the proposed JV Company over the course of one or more tranches. Additionally, the business and the state of Uttar Pradesh inked a Memorandum of Understanding (MoU) for the establishment of a new integrated commercial vehicle bus manufacturing facility in Uttar Pradesh with an initial investment of Rs 200 crore.
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