Indian equity markets see another day in red

17 May 2023 , 03:49 PM

Indian equity markets saw another day in red today. Selling pressure dominated during the day. Nifty 50 closed, down by 90.40 points. Sensex closed, down by 371.83 points. Top Gainers today were Hero Motors, ITC and IndusInd Bank. Top Losers today were Kotak Bank, Apollo Hospitals and SBI Life.

Buying demand was seen in some small-cap and micro-cap stocks. Some media stocks and realty stocks came under selling pressure today. Profit booking happened in stocks such as DLF. Zee Entertainment’s stock also came under selling pressure. PVR Inox’s stock price took further hammering today after the disappointing March quarter results.

Suzlon, Idea and IRFC were the most traded stocks today at NSE, in terms of volume. HDFC Bank, ICICI Bank and SBI were the most traded stocks today, in terms of value. 76 stocks touched new 52-week high today at NSE. 17 stocks touched new 52-week low.