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ICICI Prudential Mutual Fund (MF), Kotak Mahindra MF, SBI Life Insurance Company, Societe Generale, Public Sector Pension Investment Board, and International Monetary Fund, among others, were buyers of shares.

There are 26 Nifty500 companies in the wealth destroyers screener, which looks for stocks with negative share price changes in the past five years as well as the past year

Greenchef Appliances is set to launch its initial public offering (IPO) on 23 June, with subscriptions closing just four days later. The firm make kitchen appliances, with gas stoves and pressure cookers among its key products. The kitchen appliances market in India is expected to grow at 8.7% CAGR between 2022 and 2026. Greenchef Appliances is looking to use proceeds from the IPO to help fund the installation of new plant and machinery and for general corporate purposes.

Dow falls 51.05 points, S&P 500 opens lower by 10.29 points and Nasdaq Composite drops 58.79 points at the opening bell

Despite the ongoing rally in the sector, these 10 smallcap stocks plunged up to 64% in 2023 so far.

Several prominent companies listed in the BSE200 index, including Tube Investments of India, Supreme Industries, Bank of Baroda, and Bharat Electronics (BEL), have hit new 52-week high levels, showcasing their strong performance and growth potential. These companies represent diverse sectors and highlight their technological expertise, market leadership, and solid fundamentals. These milestones reflect the resilience and growing investor confidence in the banking sector, defense industry, and plastic and packaging industry.

Several companies in S&P BSE Smallcap stocks have approached their 52-week high levels, including Arvind, Kirloskar Industries, Waaree Renewable Technologies, AstraZeneca Pharma, Safari Industries, and KEI Industries, showcasing their strong momentum and growth potential. Arvind, a textile manufacturer, and AstraZeneca Pharma, a pharmaceutical company, both near their 52-week high marks, demonstrate stability and ability to deliver innovative solutions in their respective industries. Safari Industries, a luggage and travel accessories brand, and KEI Industries, a player in electrical cables and wires industry, also exhibit strong momentum and growth potential.

The market regulator has restrained Pradeep Kumar Dwivedi from holding any directorial position in any listed company other than Eros International.

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Stocks in focus included names like Shriram Finance, which pared gains after hitting a fresh 52-week high, KEI Industries, which rose nearly 5%, and Swan Energy, which rose nearly 8% with a rise in volumes on Thursday.