et_marketsabout 3 hours ago
BEARISH(95%)
sell
Gainers & Losers: HDFC Bank, Adani Total and Infosys among 6 top movers on Thursday
Read original source-90
Market Impact Score
-100 Bearish+100 Bullish
AI Analysis
The banking sector is facing headwinds from a hawkish Fed, which could impact global liquidity and interest rate expectations, alongside domestic market volatility. Rising crude prices could also indirectly affect credit quality in certain sectors.
Trading Insight
Bearish bias for banking stocks in the near term; consider short positions or avoiding fresh long entries until clarity emerges on interest rate trajectory and market stability.
Key Evidence
- •Markets slumped due to soaring crude oil prices and a hawkish Federal Reserve.
- •HDFC Bank, Adani Total Gas, and Infosys were among the top movers.
- •Sector-wide selling was observed in the auto and IT sectors.
- •Sensex tanked 1,770 points, with Nifty below 23,250, and HDFC Bank down 8% (online context).
- •The market crash erased Rs 11 lakh crore of investors' wealth (online context).
Affected Stocks
ADANITOTALAdani Total Gas
Negative
Mentioned as a top mover on a turbulent day.
INFYInfosys
Negative
Among top movers, contributing to IT sector selling.
Negative
Sector-wide selling due to market conditions and potentially higher crude prices.
SBINState Bank of India
Negative
Part of the banking sector which saw significant declines, despite being a Motilal Oswal pick.
ICICIBANKICICI Bank
Negative
Part of the banking sector which saw significant declines, despite being a Motilal Oswal pick.
AI-powered analysis by
Anadi Algo News