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Markets trade lower amid volatility; Sensex falls 100 pts while Nifty around 18,400

14 Nov 2022 , 02:39 PM

Domestic benchmark indices trading mixed after a gap-up opening on Monday. Both the Sensex and Nifty benchmarks are trading lower in the afternoon market session.
On the sectoral front, FMCG index underperformed by tumbling over 1.2% followed by media and pharma stocks plunging however IT and metal stock were trading higher by 1% each to drive the market sentiments. 
At around 2:00 PM, Sensex was trading at 61,665.84 lower by 129.2 points or 0.21%. Nifty 50 traded at 18,335.35 lower 14.35 points or 0.08%
Top Bulls on Nifty 50 are: Hindalco (+4.9%), Tata Motors (+2.7%), Grasim (+2.4%) supported by Apollo Hospitals (+2.1%) and Kotak Bank (+1.3%). Meanwhile, top losers on Nifty are: Dr Reddy (-3.7%), Coal India (-2.2%), ITC (-2.1%), Hindustan Unilever (-1.7%) and ICICI Bank (-1.5%).
Moreover, India’s inflation based on the Wholesale Price Index (WPI) crashed to a 19-month low of 8.39% in October month, as per the data released by the commerce ministry showed today.
Meanwhile, the government will also release the closely watched CPI inflation data for October later today.
For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • Asian markets
  • Auto sales
  • auto sector
  • Axis Bank share price
  • BSE live
  • bse sensex
  • f&o expiry
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