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Meanwhile, the brokerage firm in its large-cap model portfolio increased weight on Axis Bank (70bps to 7.5%), SBI (30 bps to 6.5%), Power Grid (40 bps to 2.5%), and RIL (100 bps to 9.8%), while it removed Hindalco (140 bps from the portfolio) and reduced weight on L&T by 100 bps to 400 bps.

"The upcoming OPEC meeting is another potential catalyst on the outlook for the market. Further downside risk to prices increases the probability OPEC reduces production further to support prices," Moore added, referring to the Organization of the Petroleum Exporting Countries.

A total of 71,203 shares changed hands on the counter till 01:07PM (IST).

The stock quoted a 52-week high of Rs 308.65 and a 52-week low of Rs 176.6.

JSW Energy, incorporated in the year 1994, is a Mid Cap company (having a market cap of Rs 41075.77 Crore) operating in Power sector.

Wall Street closed lower on Friday, with three main indexes ended the session deep in negative territory, with financial stocks down the most among the major sectors of the S&P 500.

As many as 12 foreign institutions have exited or scaled down their operations in India since 2011.

As of 31-Dec-2022, promoters held 74.36 per cent stake in the company, while FIIs held 14.84 per cent and domestic institutional investors had 3.69 per cent.

Reliance had been in the Rs 2,200-2,700 band for quite some time. It has come closer to the lower end of the band and there are definitely positive triggers which will come later – maybe listing of Jio or the retail arm getting demerged into a different company. All those triggers will come eventually. So valuation-wise, after the correction, it looks more attractive.

BTC volume in the last 24 hours stood at approximately $41.76 billion, rising 29.55%. The market cap of Bitcoin was around $531.77 billion. Its dominance is currently 45.90%, an increase of 0.48% over the day, according to CoinMarketCap.