FIRST TRADE: Sensex down over 80 pts; Nifty below 19,100; M&M Finance down 9%

Stock market today: The Indian share market on Monday, October 30, opened on a subdued note tracking the Asian peers but later slipped into negative territory amid intensified tensions in the Middle East and after logging their worst week in over a month.

Last seen, the S&P BSE Sensex was down 169.56 points, or 0.26 per cent, at 63,613.24, and the NSE Nifty opened down 48.05 points, or 0.24 per cent, at 18,999.2.

In the broader market, the Nifty Mid Cap 100 and Small Cap 100 opened in the red.

Nifty Bank was down 0.43 per cent at 42,599.4.

BUZZING STOCKS 

BPCL shares were up over 2 per cent higher after the company returned to profitability in the Q2 period of FY24.

Reliance Industries shares were up over 1 per cent after the company posted Q2 results.

City Union Bank shares were up over 2 per cent after posting better-than-expected Q2 results.

Conversely, NTPC shares were down over 1 per cent after posting Q2 results.

M&M Finance shares were down over 9 per cent after the company reported weak Q2 numbers.

AU Small Finance Bank shares were down over 7 per cent after it posted weaker-than-estimated results.

IDFC First Bank shares were down over 4 per cent after posting Q2 results. 

Dr Reddy's Laboratories shares traded lower by nearly 1 per cent after posting Q2 results. 

GLOBAL MARKETS 

Asian shares slipped on Monday as Israel's push into Gaza stirred fears of a wider conflict ahead of central bank meetings in the United States, Britain and Japan, the latter of which might see a policy tightening.

Early on Monday, S&P 500 futures edged up 0.3 per cent to 4,152, following Friday's sharp retreat, while Nasdaq futures added 0.5 per cent.

MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.2 per cent, having hit a one-year low last week.

(With agency inputs) 

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