Market At Close | Sensex, Nifty down 1% though off day’s lows
Here are some highlights:
–Broader market recovers from early losses; midcap index rises 39 pts to 30,956
–Nifty Bank fails to hold on to green territory, but 431 points off lows
–Reliance, HDFC Bank contribute most to Nifty losses
–UPL top gainer after CLSA raises target, FY22-24 EPS
–3 out of 6 top Nifty are auto stocks; Bajaj Auto, Eicher, Maruti up 1-2%
–Bharat Forge amongst top midcap index gainers despite lower Class 8 orders YoY
–Wockhardt in the green after board approves rights issue of up to Rs 1,000 crore
–Future Retail up 5% following developments around arbitration proceedings
–Goldman Sachs report on KPIT Tech lifts stock 9%
–Gain in banks in last hour lifts PSU bank index 0.5%
–All sectoral indices except Nifty Media, Auto, PSU Bank in the red
–Market breadth in favour of bulls after midcap recovery; advance-decline ratio at 5:3
