Eicher Motors, Hindustan Unilever shares gained today, amidst broader market crash

Indian equity markets crashed today. This, after additional 25% tariff imposed by US on India were notified by US government, yesterday. From 27^th August, India’s exports to US will face tariffs of 50%. Nifty 50 ended the day today, down by 1.02%. Sensex ended the day, down by 849.37 points or 1.04%.

Top three gainers & losers

Top 3 gainers at Nifty 50 today were Eicher Motors, Hindustan Unilever and Maruti. Top 3 losers at Nifty 50 today were Shriram Finance, Sun Pharma and Tata Steel. Just 8 of the 50 stocks that make up Nifty 50 ended in green today. Some FMCG stocks such as ITC and HUL gained today, amidst heightened economic uncertainty. Some auto stocks also gained today.

All the broader market indices crashed today

All the broader market indices ended the day in red today. Among broader market indices, Nifty smallcap 100 index was the top loser today. It ended the day, down by 2.03%. Small cap stocks saw heavy selling pressure today.

Among sectoral indices, only Nifty FMCG index ended the day in green today. All other sectoral indices ended the day in red. The biggest loser among sectoral indices today was Nifty Realty index. It ended the day, down by 2.24%.

Market breadth was extremely negative today

Market breadth was heavily negative today. 728 stocks gained today. 2280 stocks declined today. Market volatility jumped sharply . Nifty VIX index ended the day up by 3.70%.

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Source : NSE