Markets see a day heavily in Red

15 Dec 2022 , 03:41 PM

Indian markets today saw a day heavily in red. Equity markets have clearly reacted negatively to the continued hawkish stand of US Federal Reserve on inflation. Nifty 50 ended, down by 245. 40 points. Sensex ended, down by 878.88 points. Top Gainers today were Britannia, Hero Motors, NTPC. Top Losers today were Tech Mahindra, Titan, Infosys. 

Large-cap stocks, Mid-cap stocks, Small-cap stocks, all saw selling pressure today. Heavily selling pressure was seen in many IT stocks, media stocks, banking stocks, realty stocks, and consumer durable stocks. The continued hawkishness of Federal Reserve will aggravate the economic slowdown in US and around the globe. This is expected to hurt the prospects in the near term of IT companies.

Yes Bank, Suzlon, UCO Bank were the most traded stocks today at NSE, in terms of volume. HDFC Bank, PNB and Yes Bank were the most traded stocks today, in terms of value. 65 stocks touched 52-week high today at NSE. 22 stocks touched 52-week low.