Sensex up 450 pts, Nifty near 19,150; REC, PFC zoom 6%
Stock market updates on November 02, 2023: Mirroring strong gains in Asian peers following a pause in rate hike by the US Fed and hints of a pivot in place, the Indian equity benchmark indices traded with a bullish bias on Thursday.
The S&P BSE Sensex was up over 550 points at 64,150. The NSE Nifty50 was seen quoting around the 19,150 level, up over 150 points.
Among the Sensex 30 stocks, IndusInd Bank, Infosys, Axis Bank, SBI, Kotak Bank, HCL Technologies and TCS were up over 1 per cent each. Tata Steel, however, was down a per cent post Q2 loss.
In the broader market, both, the BSE MidCap and SmallCap indices rallied over a per cent each. Sectorally, the BSE IT, Consumer Durables and Realty indices were up over a per cent each.
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