Indian equity markets end the day in red

20 Feb 2023 , 03:58 PM

Indian equity markets saw another day in red today. Nifty closed, down by 99.60 points. Sensex closed, down by 311.03 points. Top Gainers today were Divi’s Lab, Ultratech Cement, Tech Mahindra. Top Losers today were Adani Enterprises, Cipla and Britannia. Cipla’s stock fell sharply after USFDA issued some adverse observations regarding its Pithampur facility. Market movement was driven mostly by global cues.

Most of the broader indices ended the day in red. Some buying demand was seen in some midcap stocks. Selling pressure was seen in many banking stocks, financial services stocks, oil & gas stocks, pharma stocks and healthcare stocks. Buying demand was seen in some IT stocks and Auto stocks.

Yes Bank, Idea and Suzlon were the most traded stocks today at NSE, in terms of trading volume. Adani Enterprises, Reliance and ICICI Bank were the most traded stocks in terms of value. 50 stocks touched new-52 week high today at NSE. 133 stocks touched new 52-week low. Breadth of the market was negative today.