Markets start the day in red; BEL, L&T shares among top gainers

Indian equity markets have started the day today, 22^nd August, in red. At 9:30 a.m. IST, Nifty 50 is down by 95.95 points or 0.38%. Sensex is down by 288.62 points or 0.35%.

Top gainers & Losers

Top 3 gainers at Nifty 50 at this time are BEL, Larson & Toubro and Mahindra & Mahindra. Top 3 losers at this time are SBI Life, Adani Ports and Hero Motors. BEL’s stock is continuing with its gains of yesterday. SBI Life share may be seeing some profit booking today.

Nifty Media index top gainer among sectoral indices

All the broad market indices are in red at this time. Nifty Microcap 250 is the top loser at this time, down by 0.78%. Micro-cap and small-cap shares are seeing selling pressure. Among sectoral indices, Nifty Media index is the top gainer at this time. It is up by 0.67%. Zee Entertainment’s share price is up by around 3% at this time, driving the Nifty media index up.

Market breadth heavily negative

Market breadth is heavily negative at this time. 836 stocks are gaining at NSE at this time. 1623 stocks are declining.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source: NSE