Benchmark indices settled lower on Thursday, with NIFTY50 down 0.72% to 23,321.80 and SENSEX shedding 422 points. In the NIFTY50 space, 37 stocks declined. Adani Enterprises, Adani Ports, and SBI Life were among the top losers.

Hyundai Motor India Ltd (HMIL) on Thursday said it will set up two renewable energy plants at its vehicle manufacturing unit in Tamil Nadu as part of the company's move to transition to 100% renewable electricity across manufacturing operations by 2025.

Shares of The Indian Hotels Company Ltd (IHCL) rose more than 5% on Thursday to hit their 52-week high of ₹796.25 as the company aims for aggressive expansion in the next few years.

Fortis Healthcare stock gained over 4% on Thursday to hit its 52-week high of ₹691 apiece on the NSE.