MARKET UPDATE:Sensex dipped 90 points at 39,500 levels and the Nifty neared the 11,600-mark


Published On: Monday, November 2, 2020 | By:

MARKET UPDATE:Sensex dipped 90 points at 39,500 levels and the Nifty neared the 11,600-mark

The equity markets in India pared its early gains and slipped into the red in today's(2nd November 2020) volatile session, ahead of the Supreme Court hearing in the interest waiver case. The S&P BSE Sensex dipped 90 points at 39,500 levels and the Nifty50 index neared the 11,600-mark. ICICI Bank rose over 6 percent after announcing its September quarter results. The stock was the top Sensex gainer. Besides, IndusInd Bank was also up 3 percent. On the other hand, Reliance Industries dipped 4 percent post Q2 results. The Nifty sectoral indices were trading largely in the green, led by the Nifty Bank index, up 1.3 percent. in the broader market, the S&P BSE MidCap index was up 0.2 percent while the SmallCap index fell 0.4 percent. Equitas Small Finance Bank will debut on the bourses today after the issue price was fixed at Rs 33 per share. The Rs 518 crore public issue was subscribed to 1.95 times.

Sixty one companies including HDFC, and NTPC are slated to report their Q2 earnings.

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