MARKET UPDATE: Sensex at 60,962 levels, down 181 points while Nifty at 18,139 levels, down 72 points
Published On: Thursday, October 28, 2021 | By: Team KnowMyStock
Indian benchmark indices started in the negative territory today(28th Oct.2021), ahead of the monthly F&O expiry later today. In early deals, the BSE Sensex was at 60,962 levels, down 181 points or 0.3 percent led dragged by Titan, ICICI Bank, and ITC. Its NSE counterpart Nifty50 was at 18,139 levels, down 72 points or 0.4 percent. In the broader markets, the BSE MidCap and SmallCap indices slipped up to 0.34 percent. Among individual stocks, shares of ITC dipped 2 percent after the cigarette-to-hotels major reported a 10.09 percent YoY increase in consolidated profit at Rs 3,763.73 crore in the September quarter of FY22, led by a recovery across segments. Meanwhile, Titan shed 4 percent after the jewelry firm's net profit jumped 270.5 percent to Rs 641 crore in Q2FY22 when compared to Rs 173 crore during the same period last year at a consolidated level, riding on recovery in demand across its consumer businesses.
Shares of IndusInd Bank, and L&T were up 4 per cent and 1.3 per cent, respectively on the back of Q2 results.
Sectorally, all except the Nifty Healthcare index were trading in the red led by the Nifty PSU Bank index (down 2.4 per cent) and the Nifty Metal index (down 2 per cent).
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