Markets end on a positive note

9 Aug 2023 , 03:46 PM

Indian benchmark indices recovered from the day’s losses to close in green. Nifty 50 closed 61 points higher. Sensex closed up by 147 points.

In today’s trade, broader indices were under pressure, at par with its global peers. Chinese economy slipping into deflation has left investors cautious while US inflation data is yet to be released.

Nifty Bank, Financial Services, and Realty stocks closed with declines. All other sectoral indices ended in gains, with Nifty Metal and Media stocks closing more than 2% higher.

Dr Reddy’s, JSW Steel, Hindalco, Tata Motors, and Mahindra & Mahindra were the top gainers in today’s intraday session. Divis Lab, Apollo Hospitals, Maruti Suzuki, Bajaj Finance, and Asian Paints emerged as the biggest losers.

Most active stocks in terms of value were HDFC Bank, ICICI Bank, Adani Enterprises, Reliance Industries, and Dr Reddy’s. In terms of volume, most active stocks were led by Coal India, Tata Steel, ICICI Bank, HDFC Bank, and SBI.

A total of 140 stocks touched new 52-week highs, and 19 stocks plunged to new 52-week lows in today’s trade.