The two key equity benchmarks, Sensex and Nifty, on Tuesday pared gains and were trading in the red. At 10.15 am, the S&P BSE Sensex was down 191 points to 64,766. On the other hand, the NSE Nifty50 was trading at 19,366, down 45 points.
On the 30-share Sensex platform, ICICI Bank, PowerGrid, Kotak Bank, HDFC Bank, Asian Paints, Reliance emerged early losers. On the flip side, Sun Pharma, HCL, SBI, TCS, Bajaj Finserv, Titan were among the gainers. Among specific stocks, Nykaa shares gained 3.5 per cent after the e-retailer clocked a 50 per cent YoY rise in net profit at Rs 7.8 crore for Q2FY24.
#ABPStockMarketWatch | Sensex and Nifty erased gains and were trading in the red, on Tuesday
At 9:50 AM, #Sensex dipped by 197 points to 64,762 & #Nifty by 49 points to 19,363
Here’s a look at the stocks in focus:#ABPLive #MarketWatch pic.twitter.com/40psohX5SN
— ABP LIVE (@abplive) November 7, 2023
In the broader markets, the BSE Midcap and Smallcap indices gained 0.18 per cent and 0.16 per cent, respectively.
Sectorally, most indices were trading in the negative zone, with the Nifty Realty index and the Nifty Bank indices were down. The Nifty IT and Pharma indices, however, were trading in the green.
In the previous session on Monday, the S&P BSE Sensex gained 595 points to 64,959, while the NSE Nifty50 settled at 19,412, up 181 points.
