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On the technical charts, the RSI of the stock stood at 73.05.

Passenger vehicle sales increased in April, while commercial vehicle sales plummeted due to pre-buying in March before the stricter BS-VI Phase 2 norms kicked in. Market leader Tata Motors saw sales drop by 52%, while Ashok Leyland trucks and buses declined by 53%. The tractors segment experienced a double-digit fall in sales because of unseasonal rains. Experts predicted CV sales would recover to pre-pandemic levels by FY24 because of government infrastructure projects. Motorcycle sales slumped slightly, but Maruti Suzuki and Tata Motors both experienced growth.

A total of 26,505 shares changed hands on the counter till 02:15PM (IST).

Petronet LNG, incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 33892.50 Crore) operating in Gas & Petroleum sector.

The stock quoted a 52-week high of Rs 412.0 and a 52-week low of Rs 206.1.

As the crude oil prices are declining, paints, rubber, plastic and chemicals stocks will be benefited from this.

​Using the candlestick scanner, one can identify stocks where the bulls are currently ruling the roost.​

The Relative Strength Index of the stock stood at 61.49 on Thursday.

The brokerage maintains a Buy on Coforge with an unchanged PT of Rs 4900 as consistent deal wins and healthy order intake provides good revenue visibility and thus makes valuation of 21x FY25E EPS reasonable.

Foreign investors became net buyers of Asian stocks in April, boosted by the weaker dollar, strong Q1 earnings and the possibility of the US Federal Reserve suspending its tightening cycle. Seven major stock markets in the region saw foreigners buying a total of $872m of equities, the largest monthly purchase since January. The March quarter saw Asian companies beat net income expectations by 3%, according to Refinitiv data. While Indian equities drew the biggest amount of foreign money, Taiwan experienced $1.73bn worth of net selling, with Thai equities seeing outflows of $231m.