Markets end on a bearish note

22 Jun 2023 , 03:46 PM

Indian stock markets ended the day registering declines in tune with the global equities as US Fed Chair’s hawkishness kept the investors skeptical. Nifty 50 closed 86 points lower. Sensex ended 284 points down.

In today’s trade, markets were highly volatile. Major of the sectoral indices ended on the downside. The market has been displaying a consistent pattern of recovery after experiencing declines, and this structure has the potential to maintain the optimism of bullish investors.

Divis Lab, Larsen & Toubro, Tata Steel, HDFC, and HDFC Bank were today’s biggest gainers on the nifty index. Bajaj Finance, Tata Consumer, Asian Paints, Tata Motors, and Power Grid topped the list of losers.

In terms of value, the most active stocks were HDFC Bank, ICICI Bank, Adani Enterprises, HDFC, and Axis Bank. The most active stocks in terms of volume were Tata Steel, HDFC Bank, ICICI Bank, SBI, and Tata Motors.

A total of 91 stocks touched their 52-week highs today, while only 12 stocks plunged to 52-week lows.

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