Top 5 stocks of the day: From Jio Financial to Tata Steel, these stocks gained more than 1.20%; Other profitable stocks here

Top 5 stocks of the day: Jio Financial, Maruti Suzuki, HDFC Life, Cipla and Tata Steel were among its biggest gainers while Adani Enterprises, BPCL, Adani Ports, Eicher Motors, and Britannia Industries were among the Nifty's biggest losers. Sectoral trends were mixed, with gains or losses in real estate, metal, capital goods, and information technology outpacing those in oil and gas, power, FMCG, and banks by 0.5 to 1.3 percent.

Sensex and NSE Nifty50

The Nifty was down 93.70 points or 0.48 percent at 19,253.80 at closure, and the Sensex was down 255.84 points or 0.39 percent at 64,831.41 at the time. 1805 shares moved higher, 1703 shares fell, and 142 shares were unchanged. On the day of the August F&O expiry, benchmark indices closed lower after a three-day winning streak, with Nifty trading around 19,250. While the smallcap index increased 0.8 percent, the BSE midcap index finished unchanged.

Top 5 stocks of the day

Saroja Pharma Industries IPO hits 40 percent

The first day of bidding, the initial public offering of Saroja Pharma Industries India received bids for 4.28 lakh equity shares against an offer size of 10.84 lakh shares, representing a 40% subscription rate, on 31 August. The Mumbai-based distributor of pharmaceutical items hopes to generate Rs 9.11 crore through the issuance of 10,84,800 equity shares to the general public. Only a new issue from the corporation is included in the deal.

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