Markets end in red territory

12 Jul 2023 , 03:53 PM

Indian equity markets ended the day with declines, dragged by Fag-end selling, after opening the day with muted numbers. Nifty 50 closed 55 points lower. Sensex ended with a decline of 224 points.

In today’s trade, markets mostly remained subdued. However, in the last half an hour of trading, selling pressure drove down the markets.

Nifty Bank, Financial Services, Auto, IT, and Metal stocks settled in red territory. All other sectoral indices closed with marginal gains.

ONGC, Eicher Motors, Nestle India, Kotak Bank, and SBI Life were the top gainers today. Adani Enterprises, Tata Motors, UltraTech Cement, Infosys, and Adani Ports fell.

The most active stocks in terms of volume were HDFC, HDFC Bank, Tata Steel, JSW Steel, and ICICI Bank. Most traded stocks in value terms were HDFC, HDFC Bank, Reliance, JSW Steel, and ICICI Bank.

On an individual basis, SpiceJet fell 12% in today’s trade as DGCA placed the company under surveillance. On the contrary, Marksans Pharma gained about 10% on bagging FDA approval for Advil’s equivalent.

A total of 147 stocks touched new 52-week highs, and 12 stocks plunged to new 52-week lows.