Markets conclude with massive gains

3 Jul 2023 , 03:41 PM

Domestic equity markets ended the day with huge gains, continuing their gaining spree for the third consecutive session. Nifty closed 133 points higher. Sensex closed with a gain of 523 points.

In today’s session, stock markets hit fresh highs for yet another session. Sensex gained as much as 500 points in today’s trade. The overall market outlook is positive, tracking the global bullish trends. Markets kept on rising momentum throughout the day, touching new highs.

Nifty IT, Pharma, and Auto stocks ended in red. All other sectoral indices were on a winning streak today.

Grasim Industries, ITC, BPCL, Bajaj Finance, and Reliance led the gainers today. Power Grid, Bajaj Auto, Sun Pharma, Cipla, and Maruti dipped the most in today’s trade.

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

A total of 167 stocks touched new 52-week highs, and 19 stocks plunged to new 52-week lows in today’s trade.