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​ The Indian rupee closed flat on Thursday as dollar demand from local oil companies and likely equity-related outflows weighed on the local unit even as most other Asian currencies rallied.

Take a look at the stocks wherein the GoI slashed its stake the most in the quarter gone by

In the Nifty pack, 40 stocks closed in the green, while 10 stocks ended in the red.

The NSE Nifty index closed 203.3 points up at 22403.85

Silver prices rose 8% to Rs 87,476/ kg in May and has been hovering near its all-time high mark of Rs 87,580/ kg.

Take a look at the stocks wherein the GoI slashed its stake the most in the quarter gone by

Axis Bank, Kotak Mahindra Bank, and HDFC Bank closed with gains of over 1% each on Thursday, while some selling was seen in Bandhan Bank which fell over 5%, followed by SBI, IndusInd Bank, and Bank of Baroda.

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This will amount to a total payout of Rs 4,089 crore. May 25 has been fixed as the record date for payment of dividend. The announcements were made after market hours and the stock had ended at Rs 433.60 on the NSE — down by Rs 3.80 or 0.87% over Wednesday’s closing price. The company board has also approved setting up of a continuous cast copper rod plant in Saudi Arabia.

M&M announced a dividend of Rs 21.10 per share for FY24 with a 32% YoY spike in profit to Rs 2,038 crore. The revenue rose 11% YoY to Rs 25,109 crore. The company reported solid operating performance across multiple businesses in FY24. TechM showed a weak spot, with a new organization in place and progress on sustainability.