Markets close in a sweet spot

11 Jul 2023 , 03:39 PM

Domestic equity markets ended yet another session with gains after witnessing an overall positive momentum throughout the day. Nifty 50 closed higher by 92 points. Sensex ended with a gain of 303 points.

In today’s trade, markets remained in bullish trends as most of the stocks registered gains. Nifty mid cap and small cap indices touched fresh highs.

Nifty Auto, Pharma, and FMCG indices gained more than 1%. Nifty Bank, Financial Services, and Metal stocks settled in a negative zone. All other indices closed in green.

Eicher Motors, Sun Pharma, Tata Consumer, Apollo Hospital, and Maruti Suzuki were the top five gainers today. UPL, Bajaj Finance, Axis Bank, JSW Steel, and HCL Tech emerged as the biggest losers.

In terms of value, the most active stocks were HDFC Bank, Reliance, HDFC, ICICI Bank, and Bajaj Finance. In volume terms, Tata Steel, HDFC Bank, ICICI Bank, SBI, and Tata Motors held the top positions.

IT Giants Tata Consultancy and HCL Tech will announce their June quarter on Wednesday.

A total of 127 stocks touched new 52-week highs in today’s trade. On the other hand, 19 stocks hit new 52-week lows.