Top 5 stocks of the day: HUL, Asian Paints, Bajaj Finance, JSW Steel, and Nestle India were among the Nifty’s largest losers. Coal India, HDFC Bank, Power Grid Corporation, HDFC, and ITC were among the winners.
The Indian benchmark indices fell for the second consecutive session on January 20 due to selling in all sectors except electricity and financials.
Sensex and NSE Nifty50
Following a quiet start, the market remained flat with a bearish bias, closing at the day’s low on last-minute selling. The Sensex closed 236.66 points, or 0.39 percent, lower at 60,621.77, while the Nifty dropped 80.10 points, or 0.44 percent, to 18,027.70.
Top gainers & losers at closing trade
| Future Lifestyle Fashions Ltd | 7.50 | +0.35(4.90) |
| SOBHA | 617.30 | +27.75(4.71) |
| Engineers India | 87.90 | +3.75(4.46) |
| Infibeam Avenues | 18.55 | +0.75(4.21) |
| Coforge | 4102.00 | +135.45(3.41) |
| Hindustan Zinc | 353.00 | -24.55(-6.50) |
| Edelweiss Financial Services | 71.25 | -4.05(-5.38) |
| L&T Technology | 3230.70 | -166.45(-4.90) |
| Dhani Services | 37.05 | -1.80(-4.63) |
| TVS Motor Company | 969.90 | -44.15(-4.35) |
Top 5 stocks of the day: More than 100 stocks touched their 52-week high
On the BSE, the metal and FMCG indices each lost roughly a percent, while the auto, capital goods, healthcare, and realty indices each lost 0.5 percent. Buying was noted in the banking, oil and gas, and power sectors.
On the BSE, more than 100 stocks, including Usha Martin, Saksoft, PTC India, NHC Foods, Marksans Pharma, Jindal Stainless, and APL Apollo Tubes, hit 52-week highs.
Top 5 stocks of the day: Wall Street equities
Wall Street equities fell overnight on Thursday as data showed a solid labour market, raising concerns about a break in the United States’ fastest rate hike cycle since the 1980s.
European markets also slumped, registering their worst trading day in 2023 so far, after European Central Bank President Christine Lagarde emphasised the bank’s intention to combat rising inflation through rate hikes.
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