Nifty above 18,150 mark, metal stocks shine
The frontline indices traded with minor gains in the mid-morning trade. The Nifty traded a tad above the 18,150 mark. PSU bank, metal and auto stocks advanced while pharma, healthcare and media shares were under pressure. At 11:29 IST, the barometer index, the S&P BSE Sensex, was up 40.25 points or 0.07% to 60,990.61. The Nifty 50 index gained 34.30 points or 0.19% to 18,151.45. The broader market outperforms the headline indices. The S&P BSE Mid-Cap index rose 0.44% while the S&P BSE Small-Cap index gained 0.50%. The market breadth was strong. On the BSE, 2,045 shares rose and 1,332 shares fell. A total of 196 shares were unchanged. Auto sales up 48% YoY in Oct: FADA: On YoY basis, total vehicle retail for the month of October 2022 saw a growth of 48%, the Federation of Automobile Dealers Associations (FADA) said its release today, 7 November 2022. All the categories closed in green. 2W, 3W, PV, Trac and CV were up by 51%, 66%, 41%, 17% and 25% re...