Nifty ends a volatile session mildly lower: Check top gainers and losers today

How did the Indian Markets perform today?

Stock market action today

Markets ended Tuesday’s volatile trading session marginally lower. Investors remained cautious about the impact of 40-year high inflation in the US and global recession. The Nifty index ended lower by 0.3% to close at 15,732 levels. Meanwhile, the sectoral indices traded mixed, Oil & Gas, Metal and Auto ended with losses whereas Realty and IT ended with gains. Here are major stock movements for the day.


Stock Highlights

Adani Wilmar Jumped 5%: Adani Wilmar jumped amid positive sentiments in Adani Group stocks due to news of a $50 billion Green Energy Investment Plan.

Zomato Gained 3%: Zomato jumped 3% after Credit Suisse retained a Buy rating on the shares with a target price of Rs 90.

Paytm Jumped 4%:Paytm ended higher after Dolat Capital said that the company has the right levers for monetization.

NTPC Up 2%: NTPC saw a rebound rally after a 8% drop in the last 5 sessions amid a rally in power stocks.

M&M Gained 1%: M&M jumped after the company announced plans to set up its first tractor plant in Mohali amid strong demand.

Federal Bank Rallied 2%: Federal Bank rallied after HDFC Securities retained a Buy call citing industry-leading Fintech partnerships.

Bharti Airtel Up 2%: Bharti Airtel rallied 2% after Jefferies retained a Bullish view on revenue market share gains.

IOC Fell 3%: IOC fell 3% amid pressure in OMC shares due to concerns about lower marketing margins going forward.

Tata Elxsi Down 1%: Tata Elxsi continued to witness profit booking after a 45% rally in the last 6 months.

HDFC Bank Ended 1% Down: HDFC Bank fell as FII stocks took a beating due to concerns around persistent selling by foreign investors.

HUL Fell 1%: HUL shares remain under pressure due to concerns of lower margins amid high inflation concerns.

BPCL Fell 1%: BPCL fell to a 52-week low amid pressure in OMC shares due to concerns about lower marketing margins going forward.

Asian Paints Fell 1%: Asian Paints edged lower on concerns around raw material costs amid higher crude oil prices.

Reliance Down 1%: Stock fell amid profit booking after a 10% rally in the last one-month period.

Goldbees down 1%: The ETF declined tracking the fall in gold prices, given the yellow metal's low correlation with equity markets.

Tech Mahindra Fell 2%: Tech Mahindra extended losses amid correction in the IT sector on the back of recession fears.

ONGC Fell 2%: ONGC declined on reports that oil firms will have to compensate ethanol makers for higher oil prices.

NALCO Dropped 3%: Nalco shares continue to remain under pressure amid demand concerns due to Covid lockdown in China.

KPIT Tech Down 4%: KPIT Tech extended losses amid caution in IT stocks on recession fears.