Benchmark indices close near fresh highs

19 Jul 2023 , 03:40 PM

Domestic equity markets ended the day with substantial gains as indices maintained an upward momentum throughout the day. Nifty 50 closed 97 points higher. BSE Sensex ended with a gain of 360 points.

The markets witnessed a strong rally in today’s session, hitting record highs multiple times. Strong buying was seen across all sectors.

Nifty PSU Bank stocks were about 2% higher. IT stocks closed on a flat note. All other sectoral indices settled with modest gains.

NTPC emerged as the biggest gainer after Goldman Sachs’ bullish rating. Bajaj Finance, IndusInd Bank, UltraTech Cement, and Bajaj Finserv were the other top gainers. Hindalco, Hero MotoCorp, TCS, Bajaj Auto, and Maruti Suzuki were the biggest losers.

Most active stocks in terms of value were Reliance, HDFC Bank, Infosys, ICICI Bank, and IndusInd Bank. Whereas, top stocks in terms of volume were NTPC, Reliance, SBI, Power Grid, and Tata Steel.

A total of 141 stocks touched new 52-week highs, and 17 stocks plunged to new 52-week lows.