Asian stock markets traded mostly lower on Thursday after a fresh wave of selling in artificial intelligence-linked stocks triggered sharp declines across Wall Street.
Shares of Vascon Engineers surged 5 per cent and hit the upper circuit on Thursday after the company announced a major order win from the Central Public Works Department (CPWD), Guwahati.
Shares of PPAP Automotive surged as much as 16 per cent on Thursday after the company announced a strategic technology partnership with global engineering solutions provider Hutchinson.
Wipro Ltd shares remained under intense selling pressure on Thursday, touching their lowest level in more than six years even as the company's ₹15,000 crore share buyback programme opened for eligible shareholders.
As Indian equity markets continue to navigate global uncertainties and geopolitical tensions, market experts are focusing on stocks that display strong technical structures and resilient business fundamentals.
Shares of Zee Entertainment Enterprises Ltd (ZEEL) climbed nearly 4 per cent on Thursday after the company's board approved a capital raising plan of at least ₹2,300 crore.
Shares of Syrma SGS Technology continued their strong upward momentum on Thursday, climbing to a fresh all-time high of ₹1,276 during intraday trade.
Sugar sector stocks witnessed strong buying interest on Thursday after the Government of India announced a major policy boost for ethanol-blended fuels.
Indian information technology stocks remained under intense pressure on Thursday, with the Nifty IT index extending its decline for a sixth consecutive trading session..