Markets wrap up with gains

4 Aug 2023 , 03:41 PM

Domestic equity markets ended today’s session on the positive side after almost recovering from substantial downfall in previous trading session. Nifty 50 closed at 19,514. Sensex ended at 65,721.

In today’s trading session, markets were trading higher. Sensex gained more than 500 points. The positive momentum in markets was primarily led by higher sales volumes, cost efficiencies, and operational improvements.

Nifty IT and Pharma stocks closed with a gain of over 1%. Some upside was also witnessed in Bank and Financial Services stocks today. All other sectoral indices settled with slight gains.

Gainers were led by Cipla, IndusInd Bank, Tech Mahindra, Wipro, and Bharti Airtel. Whereas, top laggards in intraday trading session were SBI, Bajaj Auto, BPCL, Maruti Suzuki, and NTPC.

Most active stocks in terms of value were SBI, HDFC Bank, Reliance, ICICI Bank, Mahindra & Mahindra. In terms of volume, most active stocks were, SBI, Tata Steel, ICICI Bank, HDFC Bank, and NTPC. 

A total of 139 stocks rose to new 52-week high in today’s trade, and 11 touched new 52-week lows.