The key benchmark indices ended a rather listless trading session near the high’s of the day on the back of smart gains in metals and select financial shares.
The S&P BSE Sensex languished in the negative zone for the major part of the trading day, but eventually ended 114 points higher at 60,950 owing to the late buying. The NSE Nifty 50 settled with a gain of 64 points at 18,117.
Among the Sensex 30 shares, Bajaj Finserv surged 4.5 per cent to Rs 1,801. Tata Steel and UltraTech Cement vaulted 2.5 per cent each. SBI, Reliance Industries, Asian Paints and Bajaj Finance were the other major gainers.
On the other hand, Dr.Reddy’s slipped 1.5 per cent. Hindustan Unilever, Infosys and HDFC Bank were the other notable losers.
The broader market, however, ended on a mixed note. The NSE Midcap index was down 0.3 per cent, while the Smallcap index added 0.4 per cent. India VIX declined 1.8 per cent on Friday.
Sectorally, the NSE Metal index surged over 4 per cent. The PSU Bank and Media indices were up a per cent each. The Pharma index, however, slipped a per cent.
surged 6.7 per cent to Rs 3,832 after the company’s consolidated net profit for the quarter ended September (Q2FY23) more-than-doubled versus last year to Rs 461 crore.
That apart, shares of Amara Raja Batteries soared 9.5 per cent after the company’s net profit grew over 39 per cent YoY to Rs 201.22 crore in Q2FY23. READ MORE
Besides, shares of Hindustan Petroleum Corporation Limited (HPCL) shed 3.5 per cent to Rs 203.55 after the company posted a consolidated net loss of Rs 2,172.14 crore in Q2FY23. READ MORE
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