Markets close with marginal gains

10 Jul 2023 , 03:47 PM

Indian stock markets ended the day with modest gains after a highly volatile session. In today’s trade, markets were in a rising momentum but with restricted gains. Nifty 50 closed 36 points higher. Sensex ended up by 64 points.

Today’s gains were primarily led by Reliance Industries as the company will release its June quarter numbers soon. Metal is the only index that shined in today’s session. All other sectoral indices closed with declines. Heavyweight IT index fell more than 1% dragged down by a downfall in IT majors HCL Tech and TCS.

Reliance Industries, Tata Steel, JSW Steel, Bharti Airtel, and HDFC Life emerged as the top gainers. HCL Tech, Titan, Power Grid, TCS, and Hindustan Unilever restricted the gains on the nifty index today.

Reliance, HDFC Bank, HDFC, Tata Motors, and ICICI Bank emerged as the most active stocks in terms of value. In terms of volume, Tata Steel, Tata Motors, HDFC Bank, Reliance, and ICICI Bank were the top stocks.

A total of 129 stocks touched new 52-week highs in today’s trade, and 27 fell to touch new 52-week lows.