Indian markets buckle under selling pressure

9 Mar 2023 , 04:04 PM

Indian equity markets saw another day in red today. Nifty 50 closed, down by 172.40 points. Sensex closed, down by 541.81 points. Top Gainers today were Tata Steel, L&T and Apollo Hospitals. Top Losers today were Adani Enterprises, M&M and SBI Life.

Selling pressure was seen in many large-cap and mid-cap stocks today. Buying demand was seen in some micro-cap stocks. Auto stocks, Banking stocks, Realty stocks, Consumer durable stocks saw selling pressure. 

Yes Bank, Zomato and Suzlon were the most traded stocks today at NSE, in terns of volume. Adani Enterprises, Reliance and HDFC Bank were the most traded stocks in terms of value. Adani Enterprises’ stock once again came under selling pressure today after CARE downgraded the company’s credit rating outlook. 44 stocks touched new 52-week high today at NSE. 54 stocks touched new 52-week low.