Nifty trades flat amid volatility. The index is hovering around the 17,600 mark with ITC, TCS, and ICICI Bank emerging as positive contributors. However, realty and metals are among the top sectoral laggards of the day, with FMCG being the top gainer. HCL Tech rises on guidance beat with Q4 profit above estimates, but Tech Mahindra & Mphasis edge lower due to the JPMorgan downgrade. The Nifty losers include Tech Mahindra, Tata Steel, Hindalco, JSW Steel, and UltraTech, while BPCL, ITC, Asian Paints, Wipro, and Kotak Bank are among the Nifty gainers. Meanwhile, Cyient surges on strong Q4 earnings, hitting a fresh 52-week high. Catch this mid-day market mood check with Nandita Khemka to know more about all the buzzing stocks.
first published: Apr 21, 2023 12:20 pm
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