MARKET UPDATE: Sensex lowered over 100 points to hit a low of 60,697 levels and Nifty50 declined over 10 points to trade below 18,050 levels
Published On: Friday, November 4, 2022 | By: Team KnowMyStock
Indin equity markets wiped off early gains and inched lower in today's(4 November 20222) intra-day trade amid mixed global cues. Key indices Nifty50 declined over 10 points to trade below 18,050 levels, whereas the S&P BSE Sensex lowered over 100 points to hit a low of 60,697 levels. Broader markets, meanwhile, were volatile as Nifty SmallCap 100 index outperformed Nifty MidCap 100 index. All sectors shifted between gains and losses. While the Nifty Metal index gained the most, over 1 percent; the Nifty IT index declined the most, over 1 percent.
Among individual stocks, shares of Amara Raja Batteries soared 10 per cent after the company's net profit grew over 39 per cent YoY to Rs 201.22 crore in Q2FY23.
Inaddition, shares of Hindustan Petroleum Corporation Limited (HPCL) slipped 4 per cent to Rs 203.55 after the company posted a consolidated net loss of Rs 2,172.14 crore in Q2FY23.
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