Markets close with gains

21 Aug 2023 , 03:41 PM

Domestic equity indices closed in a positive spot in today’s session. Investors are concerned that further rate hikes by the Federal Reserve of the United States and other major central banks may stifle global development. Nifty 50 closed 84 points higher. Sensex ended up by 235 points.

In today’s trade, markets continued a positive movement throughout the session. However, gains were restricted by a decline in Jio Financial Services and Reliance Industries.

Nifty IT and Metal stocks ended 1% higher. Nifty Bank, Auto, and Financial Services closed on a positive note.

Bajaj Finance, Power Grid, Adani Ports, Adani Enterprises, and Hindalco were among the top gainers on Monday. Jio Financial closed 5% lower. Reliance, Mahindra & Mahindra, Britannia Industries, and Bajaj Auto closed on the flipside.

Most active stocks in terms of value were Adani Enterprises, Jio Financial, HDFC Bank, Adani Ports, and ICICI Bank. Top active stocks in volume terms were Jio Financial, Tata Steel, Adani Ports, ICICI Bank, and NTPC.

A total of 122 stocks touched new 52-week highs, and 26 stocks touched new 52-week lows in today’s session.