MARKET UPDATE: Nifty50 lowered over 30 points to trade below 17,150 levels and the BSE Sensex declined over 100 points to trade at 57,811 levels
Published On: Monday, October 17, 2022 | By: Team KnowMyStock
Opening Bell: Indian equity markets opened flat today( 17 October 2022) amid weak global cues and muted foreign flows. Key indices Nifty50 lowered over 30 points to trade below 17,150 levels and the S&P BSE Sensex declined over 100 points to trade at 57,811 levels. Weakness ensued in the broader markets as Nifty MidCap 100 and Nifty SmallCap 100 indices dropped up to 0.2 percent. Volatility gauge, India VIX, meanwhile, climbed over 4 percent. Barring Nifty Bank which started trade in the green zone, all other sectors nosedived in the sea of red. The Nifty Metal index declined the most, with over 1 percent in trade.
Among individual stocks, shares of Bajaj Auto gained over 1 per cent after standalone net profit rose 20 per cent YoY to Rs Rs 1,530 crore in Q2FY23.
Also, shares of Dilip Buildcon rallied over 2 per cent after the company bagged order worth Rs 702.02 crore.
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