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A total of 7,363 shares changed hands on the counter till 12:57PM (IST)

Rajagopal Menon, Vice President at WazirX said, "Major market oscillators point to a neutral sentiment. The Relative Strength Index (14) sits at 63.80, with a neutral outlook. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) indicate a Neutral outlook as well at 76.51 and 38.74, respectively."

The stock traded at a P/E multiple of 14.97, while the price-to-book value ratio stood at 1.59.

In the NSE list of stocks, seven stocks with a market cap of over Rs 1,000 crore have been witnessing death crossovers

A host of analysts shared their tech views on particular stocks for the near term. These stocks include Crompton Greaves Consumer and Jindal Steel and Power.

Aditya Birla Sun Life AMC, incorporated in the year 1994, is a Small Cap company (having a market cap of Rs 9335.52 Crore) operating in Financial Services sector.

At a time when investors were already feeling suffocated by inflation and rate hikes, an explosive report against diversified conglomerate Adani Group by US-based Hindenburg Research added smoke to the fire.

The Nifty Auto index was trading 0.47 per cent down at 12056.7.

As of 31-Dec-2022, promoters held 0.0 per cent stake in the company, while FIIs held 39.54 per cent and domestic institutional investors had 32.37 per cent.

“The metal failed three times to break a resistance at $2,005. The failures suggest the formation of a top. A five-wave cycle from the Feb. 28 low of $1,804.20 could be ending,” the report said, adding that the immediate resistance is at $1,981, a break above which could lead to $1,992-$2,005 range.