Indian equity markets started the week on a note of Red today. Nifty 50 ended, down by 147.7 points. Sensex ended, down by 518.64 points. Top Gainers today were BPCL, Bharti Airtel and Axis Bank. Top Losers today were Adani Ports, Tech Mahindra, Hero Motors.
Small cap stocks saw some buying demand today. But there was broad selling pressure in large cap stops. Consumer durable stocks and stocks of public sector banks saw some buying demand. Some media stocks also gained. Selling pressure was heaviest in IT stocks. Infosys’ stock price came down by 1.66%, after it announced allotment of 1.29 lakh shares under ESOP.
In terms of trading volume, PNB, Bank of Maharashtra and UCO Bank were the top stocks at NSE today. In terms of value, Archean Chemicals, ICICI Bank, and PNB were the top stocks.
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