Market Watch: Downside may be limited in near term
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IndusInd Bank was the biggest loser from the 30-share pack, falling 3.19 per cent to Rs 1,223.90. Power Grid was down 2.64 per cent, UltraTech Cement declined 2.40 per cent, and L&T fell 1.88 per cent. NTPC, HCL Tech, Dr Reddys Labs and TCS were among the laggards.
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The 30-share Sensex ended 491 points higher at 58,411. Its broader peer, Nifty50, ended at 17,311, up 126 points.
Published 10/17/22
Published 10/17/22
IT stocks have been among the worst sectoral performers on Dalal Street this year. The top 3 worst Nifty performers in 2022 are all IT stocks - Wipro, Tech Mahindra and HCL Tech.
Published 10/16/22
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