News Details
Category : Market
Headline : Sensex, Nifty in red; Auto, Power stocks weigh
Date: 02/12/2022 10:41
After multiple straight sessions of the rally, Indian stock indices traded lower on Friday morning, largely due to profit booking by investors and in line with weak global cues.

Further, foreign portfolio investors purchased Rs 36,239 crore worth of equities in India in November, NSDL data showed. Further, Rupee opened at 81.10 versus the previous session's closing of 81.22. For the record, in October, the rupee breached the 83 mark for the first time in its history.

At 10:30 hours, the 30-share benchmark index was trading at 62900.85 down by -383.34 points or by -0.61 % and then NSE Nifty was at 18,703.95 down by 108.55 points or by 0.58%. Sensex touched intraday high of 63148.59 and intraday low of 62857.44 The NSE Nifty touched intraday high of 18887.6 and intraday low of 18778.2

The top gainers of the BSE Sensex pack were IndusInd Bank Ltd. (Rs. 1177.05,+0.32%), Reliance Industries Ltd. (Rs. 2728.05,+0.19%), Tata Steel Ltd. (Rs. 110.90,+0.18%), NTPC Ltd. (Rs. 172.40,+0.12%), State Bank of India (Rs. 608.60,+0.09%), among others.

The top losers of the BSE Sensex pack were Mahindra & Mahindra Ltd. (Rs. 1272.00,-1.65%), Tata Consultancy Services Ltd. (Rs. 3423.70,-1.48%), Asian Paints Ltd. (Rs. 3141.00,-1.26%), Housing Development Finance Corporation Ltd. (Rs. 2669.60,-1.17%), Bajaj Finance Ltd. (Rs. 6671.00,-1.13%), among others.

PSU index was at 10108.48 up by 55.18 points or by 0.55%. Punjab & Sind Bank (Rs. 24.65,+12.30%), Bharat Heavy Electricals Ltd. (Rs. 89.75,+5.96%), MOIL Ltd. (Rs. 169.20,+4.80%), Mangalore Refinery And Petrochemicals Ltd. (Rs. 60.35,+3.69%), The New India Assurance Company Ltd. (Rs. 110.75,+3.50%),.

Auto index was at 30004.7 down by -313.15 points or by -1.03%. Eicher Motors Ltd. (Rs. 3347.75,-2.61%), Ashok Leyland Ltd. (Rs. 146.00,-1.75%), Mahindra & Mahindra Ltd. (Rs. 1272.00,-1.65%), Bajaj Auto Ltd. (Rs. 3648.35,-1.59%), Escorts Kubota Ltd. (Rs. 2311.65,-1.50%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3413 , shares advanced were 1885 while 1352 shares declined and 176 were unchanged.