Markets see another day of volatility

2 Feb 2023 , 04:26 PM

Indian equity markets saw another day of volatility today. The negative overhang of Hindenburg research report on Adani Group continued today. Heavy selling took place in stocks of Adani Group companies. Negative sentiments were strengthened after the company decided to call off its full subscribed FPO. Stock price of Adani Enterprises came down by 26.70% today.

Nifty 50 ended, down by 5.90 points. Sensex ended, up by 224.16 points. Top Gainers today were Britannia, ITC, IndusInd Bank. Top Losers today were Adani Enterprises, Adani Ports, UPL. 

Heavy selling pressure was seen today in many large cap stocks. Good buying demand was seen in some small cap stocks. Some IT and FMCG stocks saw good buying demand today. Heavy selling pressure was seen in some metal and oil & gas stocks. 

Yes Bank, PNB, and Adani Ports were the most active stocks today at NSE, in terms of trading volume. Adani Enterprises, Adani Ports, and Ambuja Cement were the most traded stocks in terms of value. 43 stocks touched new 52-week high today at NSE. 116 stocks touched new 52-week low.