MARKET UPDATE: Sensex gained over 50 points to trade at 60,964 levels and Nifty50 declined over 18 points to trade above 18,000 levels


Published On: Thursday, November 3, 2022 | By:

MARKET UPDATE:  Sensex gained over 50 points to trade at 60,964 levels and Nifty50 declined over 18 points to trade above 18,000 levels

Indin equity markets reversed opening losses and edged up in today's(3rd November 2022) intra-day trade, supported by gains across index heavyweights like Bajaj Twins, Maruti Suzuki, Hindustan Unilever, and ITC. Key indices Nifty50 declined over 18 points to trade above 18,000 levels and the S&P BSE Sensex gained over 50 points to trade at 60,964 levels. Broader markets, too, advanced in tandem as Nifty MidCap 100 and Nifty SmallCap 100 indices climbed up to 0.5 percent. All sectors shifted between gains and losses. Nifty PSU Bank, Nifty Media, and Nifty FMCG indices were at the forefront as they surged up to 1 percent. Nifty IT, Nifty Realty, and Nifty Pharma indices, however, slipped up to 1 percent.

Among individual stocks, shares of M&M Financial Services soared over 9 per cent despite 55 per cent YoY decline in net profit to Rs 492 crore in Q2FY23.

Besides, shares of Varun Beverages has surged 12 per cent in three days after the company reported a strong set of numbers for the third quarter ended September 2022 (Q3CY22).

We are on Telegram!

Telegram Logo

JOIN our telegram channel to receive updates on Financial News and Stock and FNO Tips.

Click Here!

Follow Us On: