Markets close in red

27 Jul 2023 , 03:37 PM

Indian stock markets ended today’s session with declines after the US Fed’s monetary policy decision failed to surprise investors. Nifty 50 closed

In today’s intraday session, markets maintained a bearish tone, dragged down by losses in Auto, Bank, and FMCG stocks. However, Pharma and Realty stocks held the ground with a 3% uptick on strong earnings releases. All other sectoral indices settled with declines.

Cipla was the biggest gainer in today’s trade, followed by Sun Pharma, Divis Lab, Hero MotoCorp, and Apollo Hospital. Among the top losers were Mahindra & Mahindra, Tech Mahindra, Tata Consumer, Britannia, and Nestle India.

Most active stocks in terms of value were HDFC Bank, ICICI Bank, Reliance, Tech Mahindra, and Mahindra & Mahindra. The top stocks in terms of volume were Tata Steel, HDFC Bank, ICICI Bank, Axis Bank, and Tech Mahindra.

A total of 167 stocks touched new 52-week highs, and 14 stocks plunged to new 52-week lows in today’s trade.