MARKET UPDATE:Sensex fell 100 points to 55,305, and the Nifty slipped 30 points to 16,490


Published On: Thursday, July 21, 2022 | By:

MARKET UPDATE:Sensex fell 100 points to 55,305, and the Nifty slipped 30 points to 16,490

The Indian equity markets opened weak today(21 July 2022) amid mixed cues from overseas. Weekly F&O expiry was also weighed. The BSE Sensex fell 100 points to 55,305, and the NSE Nifty50 slipped 30 points to 16,490. IndusInd Bank, Sun Pharma, M&M, Maruti, and Bharti Airtel were the top gainers on the Sensex, while Wipro, L&T, Kotak Bank, Infosys, TCS, and Asian Paints slipped up to 1.8 percent. The broader markets, meanwhile, opened in green. The BSE MidCap and SmallCap indices were up to 0.17 percent higher. Sectorwise, Nifty FMCG, Realty, Metal, and Auto held gains. While IT index suffered the most losses as Wipro dragged other peers.

Gland Pharma sank 11 per cent after its consolidated net profit tumbled 35 per cent to Rs 229.2 crore on a 26 per cent decline in revenue from operations to Rs 856.9 crore in Q1 FY23 over last year.

Havells India slipped a per cent. The company posted a 3.5 per cent growth at Rs 241.581 crore in Q1 net profit for the quarter ended June 2022.


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