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Sensex up 150 pts, Nifty near 19,100; RIL, Airtel lead

by Index Investing News
October 30, 2023
in Financial
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Stock market updates on October 30, 2023: Frontline indices were seen trading with a flat bias post early volatility on Monday. Index heavyweight Reliance Industries helped offset losses caused by a fall in auto and financial shares.

 


After opening with a 100-point gap, the BSE Sensex slipped into red and touched a low of 63,431. The BSE benchmark, thereafter, recouped losses and was seen hovering around its previous day’s close at 63,800 levels. The NSE Nifty50 was seen quoting around the 19,050 mark.

Among the Sensex 30 shares, Reliance was up over 2 per cent after the firm reported a strong set of earnings over the weekend. Read More


Bharti Airtel, UltraTech Cement, Asian Paints and HDFC Bank were few of the other notable movers.

 


On the other hand, Tata Motors, Mahindra & Mahindra, Maruti, Axis Bank, NTPC and Power Grid declined 1-2 per cent each.


The broader indices – BSE MidCap and SmallCap too had wiped out intra-day losses, and quoted around the dotted line.

 



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