Indian equity markets see a day in green

10 Apr 2023 , 04:01 PM

The positive hangover of RBI pausing interest rate hikes continued today.  Indian equity markets saw a day in green. Nifty 50 closed, up by 24.90 points. Sensex closed, up by 13.54 points. Top Gainers today were Tata Motors, ONGC and Adani Enterprises. Top Losers today were Bajaj Finance, Hindustan Unilever and Tata Consumer. 

All the broader market indices ended the day in green. Very strong buying demand was seen in many realty stocks. This was a direct result of RBI pausing interest rate hikes. Realty companies will benefit from it. Cost of home loans will not go up further for their consumers. Auto stocks also saw good buying demand. Tata Motors’ stock was the top gainer among Nifty 50, after reporting strong sales of Jaguar Land Rover in the March quarter. 

BCG, Zomato and Yes Bank were the most traded stocks today at NSE, in terms of volume. ICICI Bank, HDFC Bank, and Tata Motors were the most traded stocks, in terms of value. 59 stocks touched new 52-week high today at NSE. 19 stocks touched new 52-week low.