MARKET LIVE: Sensex, Nifty exhibit lacklustre moves; broader indices firm – Business Standard - vastcrypto

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Wednesday, June 1, 2022

MARKET LIVE: Sensex, Nifty exhibit lacklustre moves; broader indices firm – Business Standard

BSE, market, markets, stock market
Stock updates: The key benchmark indices were seen consolidating in a narrow band in trades on Wednesday a day after the GDP numbers came more or less on expected lines.
 
The and the Nifty50 were treading around the flatline. 
The broader markets, meanwhile, outperformed the two indices. The MidCap and SmallCap indices rose up to 0.8 per cent. 

Sectorally, FMCG, consumer durables and realty indices led gains, rising 1 per cent each. Auto and PSBs were other notable gainers. While financials and oil and gas indices were flat. 

Among stocks,  soared over 5 per cent after the company signed a contract with the defence ministry for building Astra Mark-1 beyond visual range air-to-air missiles (BVRAAMs) worth Rs 2,971 crores. 

Bajaj Auto fell 2 per cent after the company’s commercial vehicle sales in May came 16 per cent lower on a yearly basis. 

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