Markets end on a dim note

8 Aug 2023 , 03:53 PM

Domestic benchmark indices wrapped up today’s session with marginal declines, breaking their two-day positive streak ahead of key data releases during the week. Nifty 50 closed down by 26 points. Sensex closed 107 points lower.

In today’s trade, markets kept a sluggish tone, offsetting sectoral gains with losses in the broader markets. Markets opened in a dim tone at par with it its Asian peers.

Nifty Metal stocks fell more than 1%. Nifty Auto and FMCG closed under pressure in today’s trade. All other sectoral indices ended on a positive note.

SBI Life, Hero MotoCorp, Cipla, Tech Mahindra, and Wipro emerged as the biggest gainers in today’s trade. Adani Enterprises, Hindalco, Mahindra & Mahindra, Divis Lab, and JSW Steel were the top laggards.

Most active stocks in terms of value were HDFC Bank, ICICI Bank, Adani Enterprises, SBI, and Reliance Industries. Top active stocks in terms of volume were SBI, ICICI Bank, HDFC Bank, Tata Steel, and NTPC.

A total of 19 stocks advanced, and 31 declined in today’s trade.