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On the technical charts, the RSI of the stock stood at 37.71.

SAIL is one of the largest steel-making companies in India. The company produces iron and steel at five integrated plants and three special steel plants, located principally in the eastern and central regions of India and situated close to domestic sources of raw materials.

The Relative Strength Index of the stock stood at 51.43 on Thursday.

Vinati Organics, incorporated in the year 1989, is a Mid Cap company (having a market cap of Rs 18323.47 Crore) operating in Chemicals sector.

The Relative Strength Index (RSI) is at 73.3, Trendlyne data showed. RSI above 70 is considered overbought. This implies that stock may show pullback. MACD is above its center and signal line, this is a bullish indicator.

"The Bitcoin rally was interrupted by the interest rate hike of 25 basis points announced by the Fed in the latest FOMC meeting. The evolving banking situation in the US is making investors jittery, and markets are expected to remain choppy in the coming weeks," Shivam Thakral, CEO of BuyUcoin, said.

Stating the visibility of strong revenue growth in eSports and gradual profitability improvement in gamified early learning (GEL), brokerage firm ICICI Securities initiated coverage on Nazara Tech with a Buy rating. The brokerage set a target price of Rs 700 on the stock, which indicates an upside potential of 36% from the current market prices.

A total of 11,185 shares changed hands on the counter till 01:05PM (IST).

The stock quoted a 52-week high price of Rs 554.05 and a 52-week low of Rs 468.65.

Promoters held 0.0 per cent stake in the company as of 31-Dec-2022, while FII and DII ownership stood at 18.89 per cent and 12.55 per cent, respectively.