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Approximately 28 stocks experienced an uptick of over 1 crore shares in August.

“We are bottom-up stock pickers. Our recent additions have been in one of the private sector banks and cement spaces. The private sector bank where we added has been quite conservative in terms of lending in the last few years. Recently, given the benign NPA cycle, the economic cycle continues to be fairly favourable. So they are hopeful and even we are resonating their view that credit cost could moderate at least in the medium term. ”

The Relative Strength Index of the stock stood at 56.76 on Thursday.

European stock markets steadied at the start of trading on Thursday with all eyes on whether the European Central Bank will announce a further hike to eurozone interest rates.

" If I have to name a few stocks within the tier ones, within the largecaps an LTI and MindTree, there is certainly an opportunity. If I look in midcap, mid-tier IT, then Persistent Systems and within the smallcap space, Birla Software. These would be some things where there is a good opportunity. Broadly, the mid-tier IT growth outperformance over tier one can continue. "

A total of 9,852 shares changed hands on the counter till time (IST).

Brokerage firm Nuvama in its August mutual fund report said that Suzlon Energy stock stood among the top additions for mutual funds in the smallcap universe alongside Minda Corporation, SJS Enterprises, Inox Wind and Medplus Health Services.

The stock quoted a 52-week high of Rs 7638.0 and a 52-week low of Rs 5557.05.