CLOSING BELL: A late rally on Dalal Street helped the benchmark indices end a lacklustre trading session on a positive note. Metals, select financial shares led the pullback.

markets, stock market, sensex, correction, nifty, shares, growth, profit, economy, gain

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	<strong>STOCK MARKET HIGHLIGHTS</strong></div>
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	The key benchmark indices ended a rather listless trading session near the high&rsquo;s of the day on the back of smart gains in metals and select financial shares.&nbsp;</div>
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	The S&P BSE Sensex languished in the negative zone for the major part of the trading day, but eventually ended 114 points higher at 60,950 owing to the late buying. The NSE Nifty 50 settled with a gain of 64 points at 18,117.</div>
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	Among the Sensex 30 shares, Bajaj Finserv surged 4.5 per cent to Rs 1,801. Tata Steel and UltraTech Cement vaulted 2.5 per cent each. SBI, Reliance Industries, Asian Paints and Bajaj Finance were the other major gainers.</div>
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	On the other hand, Dr.Reddy&rsquo;s slipped 1.5 per cent. Hindustan Unilever, Infosys and HDFC Bank were the other notable losers.<br />
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		The broader market, however, ended on a mixed note. The NSE Midcap index was down 0.3 per cent, while the Smallcap index added 0.4 per cent. India VIX declined 1.8 per cent on Friday.</div>
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		Sectorally, the NSE Metal index surged over 4 per cent. The PSU Bank and Media indices were up a per cent each. The Pharma index, however, slipped a per cent.</div>
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Among individual stocks, Adani Enterprises surged 6.7 per cent to Rs 3,832 after the company&rsquo;s consolidated net profit for the quarter ended September (Q2FY23) more-than-doubled versus last year to Rs 461 crore. <a href="https://www.business-standard.com/article/markets/adani-enterprises-surges-5-as-q2-profit-doubles-stock-nears-record-high-122110400559_1.html?1667547406" target="_blank"><strong>READ MORE</strong></a><br />
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That apart, shares of <strong>Amara Raja Batteries</strong> soared 9.5 per cent after the company&#39;s net profit grew over 39 per cent YoY to Rs&nbsp;201.22 crore in Q2FY23. <a href="https://www.business-standard.com/article/markets/amara-raja-batteries-soars-10-amid-heavy-volumes-on-strong-q2-results-122110400223_1.html?1667535296" target="_blank"><strong>READ MORE</strong></a><br />
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Besides, shares of <strong>Hindustan Petroleum Corporation Limited (HPCL)</strong>&nbsp;shed 3.5 per cent to Rs 203.55 after the company posted a consolidated net loss of Rs 2,172.14 crore in Q2FY23. <a href="https://www.business-standard.com/article/markets/hpcl-slips-4-nears-52-week-low-on-net-loss-in-september-quarter-122110400267_1.html?1667537477" target="_blank"><strong>READ MORE</strong></a>

Fag-end buying lifts Sensex 114 pts, Nifty above 18,100; Metal index up 4%

Business Standard

Fag-end buying lifts Sensex 114 pts, Nifty above 18,100; Metal index up 4% | News on Markets - Business Standard

OPENING BELL | Flat opening for Sensex with fractional uptick

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PRE-OPEN | Nifty slips 70 pts in pre-open

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PRE-OPEN | Sensex slides over 100 pts in pre-market deals

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CURRENCY ALERT | Rupee opens 26 paise stronger at 82.62/$

Stocks to Watch: Adani Enterprises, Vi, Hero Moto, Amara Raja, Blue Star

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	Stocks to Watch: Vodafone India&#39;s net loss widened 6.4 per cent on a year-on-year (YoY) basis at Rs 7,595 crore in the second quarter of FY23 due to an increase in finance and operating expenses. <a href="https://www.business-standard.com/article/markets/stocks-to-watch-today-adani-enterprises-vi-hero-moto-amara-raja-blue-star-srf-sanofi-india-122110400105_1.html" target="_blank"><strong>Read here</strong><br />
	<img alt="Photo: Bloomberg" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-10/02/full/1664677014-3298.jpg?im=Resize,width=640" /></a></div>

Here's why Mehul Kothari expects a turnaround in Birla Corp, IEX

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	According to the technical analyst from Anand Rathi, IEX can be bought for a target of Rs 156, while Birla Corp can rally to Rs 1,020. <a href="https://www.business-standard.com/article/markets/here-s-why-mehul-kothari-expects-a-turnaround-in-birla-corp-iex-122110400126_1.html?1667532356" target="_blank"><strong>Read here</strong><br />
	<img alt="technicals" src="https://bsmedia.business-standard.com/_media/bs/img/article/2017-08/02/full/1501658367-0858.jpg?im=Resize,width=640" /></a></div>

WATCH | Is geopolitics a bigger worry for markets than rate hikes?

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	After the Russia-Ukraine war, fresh geo-political tensions are brewing in other regions too. Will these global worries affect markets globally? Are they a bigger worry than central bank policy action?&nbsp;</div>
<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="401" src="https://www.youtube.com/embed/y63iinR5nXQ" title="Is geopolitics a bigger worry for markets than rate hikes?" width="713"></iframe>

DIIs sell shares worth Rs 732 crore on Thursday

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FIIs buy Rs 678 crore of equities on Thursday

Rupee closes 10 paise weaker at 82.88/$ Thursday

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Brent Crude slightly higher at $95 per barrel

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US equity futures tepid in posy-market deals

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Hang Seng surges 4%; Nikkei underperforms Asian markets

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US markets close lower for 4th day; Jobs data eyed

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