Indian equity markets bounce back into the Green

1 Mar 2023 , 04:17 PM

Indian equity markets had a day in green today. Nifty 50 closed, up by 153.05 points. Sensex closed, up by 448.96 points. Top Gainers today were Adani Enterprises, Hindalco and UPL. Top Losers today were Britannia, Power Grid and Cipla. 

All the broader indices ended the day in green. Strong buying demand was seen in metal stocks. China’s manufacturing activity increased sharply in February. Its Purchasing Managers’ Index (PMI) for February stood at 52.6. A value above 50 of PMI indicates to expansion. Metal stocks will benefit from increased Chinese manufacturing activity. 

Yes Bank, Idea and Tata Steel were the most traded stocks today, in terms of volume, at NSE. Adani Enterprises, Reliance and HDFC Bank were the most traded stocks, in terms of value. 25 stocks touched new 52-week high today at NSE. 96 stocks touched new 52-week low.