Markets rise steeply in last half hour to close near the day's high

27 Oct 2022 , 03:41 PM

Indian equity markets had a volatile day today. Nifty 50 touched the day’s high at around 9:45 a.m. in the morning. By 3 p.m., it had lost 115.9 points from that level. In the remaining half hour, it again gained 98.9 points. Nifty 50 ended the day, up by 80.60 points. Sensex ended the day, up by 212.88 points.

Top Gainers today were JSW Steel, Tata Steel and Hindalco. Top Losers today were Bajaj Finserv, Bajaj Finance and  Asian Paint. Small cap stocks saw selling pressure today. Nifty Next 50 index gained the most during the day.

Realty and Metal stocks saw very strong buying demand today. Realty stocks gained probably because of strengthening of the expectation that central banks are going to become less hawkish on inflation. IT stocks saw selling pressure today.

At NSE, 68 stocks touched their 52 week high. 30 stocks touched their 52 week low.