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Opening Bell
Sectorally, the Nifty Realty index was up 3 per cent, followed by the Nifty Metal index (up 1.4 per cent). On the downside, the Nifty Auto index was down 0.5 per cent.
Among individual stocks, shares of SAIL surged 10 per cent after Q2FY22 net jumped multi-fold to Rs 5,795 crore as against Rs 660.20 crore in Q2FY21. Revenue also soared 58.5 per cent to Rs 26,828 crore from Rs 16,925 crore.
Vedanta, on the other hand, rose nearly 3 per cent as the company posted 5-fold YoY jump in consolidated net profit at Rs 4,615 crore for the July-September quarter, as against Rs 838 crore on a low-base effect.
On the contrary, shares of Bandhan Bank fell over 4 per cent after the lender reported a loss of Rs 3,008.6 crore in Q2FY22 on huge provisions of over Rs 4,600 crore for the bad loans and restructured advances.
October Auto Sales: Bajaj Auto reported a 14 per cent YoY decline in monthly auto sales, dragged by weakness in domestic sales. READ HERE
Escorts, on the other hand, posted just 1 per cent YoY dip in October sales. READ HERE
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Pre-open session (updated at 9:07 AM)
LIVE market updates: Markets were trading on a firm footing in the pre-open session on Monday. The BSE Sensex was up 247 points at 59,554 levels at 9:07 AM while the Nifty50 was at 17,779 level, up 107 points.
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LIVE market updates: The benchmark indices may look to bounce back as indicated by the SGX Nifty. At 08:00 AM, the November futures quoted at 17,784 as against a close of 17,715 on the NSE on Friday.
Global cues
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