Markets see a day in Green

22 May 2023 , 03:59 PM

Indian equity markets saw a day in Green today. Markets did not see any impact of the demonetization decision today. Even small cap and micro-cap indices saw a day in Green. Demonetization decisions tend to hit smaller companies and businesses more. 

Nifty 50 closed, up by 111 points. Sensex closed, up by 234 points. Top Gainers today were Adani Enterprises, Adani Ports and Divi’s Lab. Top Losers today were Hero Motors, Axis Bank and Nestle India.  Stocks of Adani Group shot up after an expert panel appointed by Supreme Court gave it a clean chit in the Hindenburg report matter.

All the broader market indices ended the day in green. Good buying demand was seen in many metal and IT stocks. Some banking stocks came under selling pressure. Suzlon, Zomato and PNB were the most traded stocks today at NSE, in terms of volume. Adani Enterprises, HDFC Bank, and Adani Ports were the most traded stocks in terms of value. 72 stocks touched new 52-week high today at NSE. 32 stocks touched new 52-week low.