MARKET UPDATE: Sensex advanced over 40 points to trade at 59,875 levels and the Nifty50 traded flat below 17,750 levels
Published On: Tuesday, October 25, 2022 | By: Team KnowMyStock
Opening Bell: Indian equity markets opened volatile today(25 October 2022) amid mixed global cues. Key indices Nifty50 traded flat below 17,750 levels and the S&P BSE Sensex advanced over 40 points to trade at 59,875 levels. Broader markets, too, edged lower as Nifty MidCap 100 and Nifty SmallCap 100 lowered by over 0.3 percent. All sectors started to trade on a volatile note. Nifty IT, Nifty Metal, and Nifty Auto indices, however, led the charge as they surged up to 0.4 percent.
Among individual stocks, shares of Reliance Industries gained over 0.4 percent after the conglomerate posted a flat net profit of Rs 13,656 crore in Q2FY23. In addition, shares of ICICI Bank gained over 1 percent after the private sector lender reported a 37 percent YoY jump in net profit to Rs 7,558 crore in Q2FY23.
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