MARKET UPDATE:Sensex down over 150 points to 57,929 levels and the Nifty50 slipped over 50 points below 17,300 levels
Published On: Tuesday, August 2, 2022 | By: Team KnowMyStock
Opening Bell: The Indian markets opened choppy today (2 August 2022) morning at the BSE amid weak global sentiments. Frontline indices Nifty50 slipped over 50 points below 17,300 levels, whereas the S&P BSE Sensex was down over 150 points to 57,929 levels. Also, broader markets were under pressure as Nifty Midcap 100 and Nifty Smallcap 100 declined 0.2 percent and 0.1 percent, respectively. Sector-wise, the Nifty Metal index bled over 1 percent in trade. However, Nifty FMCG and Nifty Media indices opened with marginal gains.
Among individual stocks, shares of ITC hit 52-week high at Rs 314 per share after the conglomerate saw a 33.9 per cent year-on-year (YoY) jump in consolidated net profit to Rs 4,389.7 crore in Q1FY23.
Besides, shares of Zomato surged 9 per cent in trade after the food aggregator's consolidated loss contracted to Rs 186 crore in Q1FY23 from Rs 359 crore in Q1FY22.
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