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Market breadth was positive, with 2246 stocks advancing, 1256 stocks declining, and 152 stocks remaining unchanged.
Analysts of IIFL Securities perceived a risk to the sustainability of low discounts, if any of the larger players lost market share.
Asian equities are trading in mixed sentiments after a Wall Street rebound.
According to ICICI Lombard, the show cause cum demand letter relates to issues facing the whole industry, and the company will file an appropriate response in accordance with the timelines provided after consulting with its tax consultants.
Asian equities are also trading in mixed sentiments in Thursday’s early morning session.
Here are some of the stocks that may see significant price movement today.
Rupee ends at 83.19/$ against Wednesday’s close of 83.22/$
Sun Pharma, IndusInd Bank, Larsen & Toubro and UltraTech Cement were among the gainers on Sensex.
Global oil benchmark Brent crude registers a 0.99% increase, reaching USD 94.89 per barrel
Globally, US markets closed with significant downfall.