Markets end the day in red

13 Feb 2023 , 03:42 AM

Indian stock markets ended the day in red as investors remain cautious ahead of domestic retail inflation data due today and U.S. inflation data to be released tomorrow.

The lingering unpredictability and carryover impact from the Adani Group’s stock market tumble persisted in casting a shadow, keeping the indices under pressure.

All sectoral indices ended the day on a dim note, with Nifty IT and media marked nearly a 2% downfall. Nifty Metal also shed more than 1%. While Nifty Bank and Auto showed a marginal downside.

At closing, BSE Sensex settled 250 points lower at 60,431 points. NSE Nifty ended the day at 17,764 points, registering a 0.52% decline.

On NSE, Titan (+2.01%) emerged as the top gainer with a 2% uptick. L&T (+1.92%) and NTPC (+1.79%) followed the trail. Eicher Motors (+1.23%) and Bajaj Auto (+1.20%) lent some support to indices with over 1% upside.

Adani Enterprises (-7.16%) was the top laggard in today’s trade with about a 7% decline. Adani Ports (-5.41%) dragged down the chart with nearly 5% downside. SBI (-2.83%), Infosys (-2.58%), and Apollo Hospitals (-1.64%) shed nearly 2%.

A total of 34 stocks declined, while 16 advanced on NSE.

For feedback and suggestions, write to us at [e-mail]