Market At Close | Sensex, Nifty50 off day’s lows amid volatility
Here are some highlights:
–Banking stocks a major drag on headline indices
–Barring Federal Bank, all Nifty Bank constituents slide
–Broder markets underperform headline indices
–UPL slips 4 percent from day’s high as 2022-23 guidance shows growth below 2021-22 level
–Select IT stocks rise as rupee depreciates vs dollar
–HCL Tech, Infosys rise two percent
–Mindtree, L&T Infotech under pressure after merger announcement
–Commodity stocks continue to lose momentum as prices fall globally
–Tata Power among top midcap losers following weak quarterly performance
–Indus Towers, Federal Bank, ABB, Dalmia Bharat top midcap gainers
–NSE advance-decline ratio at 2:7
