Key indices Nifty50 was off lows, down around 35 points to trade below 17,500 levels and the S&P BSE Sensex lowered over 100 points to trade at 58,970 levels.
All sectors plunged in the sea of red as investors’ risk appetite worsened. Nifty Auto, Nifty Metal, and Nifty Consumer Durables indices declined the most – over 1 per cent.
Among individual stocks, shares of Nestle India gained over 2 per cent after the company posted 8.3 per cent YoY growth in net profit to Rs 668 crore in Q3, above street estimates. READ MORE
Besides, profit-booking was seen in IndusInd Bank as shares dropped over 6 per cent after the company clocked 57 per cent YoY standalone net profit growth to Rs 1,805 crore in Q2FY23. READ MORE
New listing
Shares of Tracxn Technologies jumped 25 per cent to Rs 100 as against its issue price of Rs 80 after making a quiet debut on Thursday. READ MORE