The BSE MidCap index fell about 4 per cent in Samvat 2078, while the BSE SmallCap index added 0.4 per cent

MARKET LIVE: Sensex, Nifty back in green; HUL, ICICI up 2% ahead of Q2 nos

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	<b>CLOSING BELL<br />
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	Stock market highlights:&nbsp;</b>A range-bound traded ended on a flat note on Friday as weak global cues amid escalating crisis in Ukraine weighed on investor sentiment. The S&P BSE Sesex, which hit a high of 59,591 in intra-day trade, settled at 59,307, up 104 points or 0.18 per cent.&nbsp;</div>
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	The Nifty50, meanwhile, closed at 17,576, up 12 points or 0.07 per cent, after hitting a high of 17,670 during the day.</div>
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	The gains in benchmark indices were led by Axis Bank (up 9.5 per cent), HUL, ICICI Bank, Kotak Bank, SBI Life, and Apollo Hospitals. On the downside, Bajaj Finserv (down 3.4 per cent), Bajaj Finance, Divis Labs, Adan Ports, UPL, Asian Paints, and L&T capped upside.&nbsp;</div>
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	In the broader markets, the BSE MidCap and SmallCap indices dipped 0.75 per cent and 0.6 per cent, respectively. Sectorally, The Nifty PSU Bank and Private Bank indices gained the most, up 1.8 per cent and 1.6 per cent, respectively, while the Nifty Pharma index fell 0.8 per cent.</div>
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	<strong>Rewind Samvat 2078; Outlook for 2079</strong></div>
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	Rising inflation triggered by geopolitical tensions amid the Ukraine-Russia war and ensuing global central bank action to tighten the monetary policy hit equities in Samvat 2078. Indian equities, however, proved to be resilient, bolstered by healthy retail and HNI participation, expanding systematic investment plans (SIPs), and lump-sum inflows which helped offset the large outflows from foreign portfolio investors (FPIs).</div>
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	Overall, the benchmark S&P BSE Sensex and the Nifty50 dipped 0.7 per cent in Samvat 2078, while the BSE MidCap index fell about 4 per cent. The BSE SmallCap index, meanwhile, added 0.1 per cent.&nbsp;</div>
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	As we enter Samvat 2079, analysts expect markets to remain under pressure and witness more volatility in the near-term on account of deterioration in global macros, and uncertainties prevailing in western economies. <a href="https://www.business-standard.com/article/markets/ukraine-war-inflation-factors-that-will-guide-stock-market-in-samvat-2079-122102100285_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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Markets end marginally up on Friday; Sensex, Nifty down 1% in Samvat 2078

Business Standard

Markets end marginally up on Friday; Sensex, Nifty down 1% in Samvat 2078 | News on Markets - Business Standard

BROADER MARKETS | Small-caps outperform mid-caps

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NIFTY LOSERS | Divi's Labs, Asian Paints, UPL top underperformers

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NIFTY WINNERS | Axis Bank lead index gainer

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HEATMAP | 6 of 30 Sensex stocks sit in red; Bajaj Finance top loser

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OPENING BELL | Sensex opens 200 points higher

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PRE-OPEN SESSION | Nifty likely to reclaim 17,600 at open

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CURRENCY ALERT | Rupee opens 14 weaker at 82.90/$

F&O Strategy: Nandish Shah recommends Bull Spread Strategy on HCL Tech

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	The derivative analyst from HDFC Securities recommends buying HCL Technologies 1020 Call and selling 1040 Call of the October series. <a href="https://www.business-standard.com/article/markets/f-o-strategy-nandish-shah-recommends-bull-spread-strategy-on-hcl-tech-122102100112_1.html" target="_blank"><strong>Read here</strong><br />
	<img alt="Markets, stocks, buy, sell, trading, shares, stock market" src="https://bsmedia.business-standard.com/_media/bs/img/misc/2021-05/20/full/markets-stocks-buy-sell-trading-shares-stock-market-1621493604-65392620.jpg?im=Resize,width=640" /></a></div>

Stocks to Watch: Axis Bank, ITC, Asian Paints, Bajaj Finance, YES Bank, RIL

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		Stocks to Watch: The Competition Commission of India (CCI) has approved Carlyle Group and Advent International&#39;s acquisition of up to 10 per cent stake each in YES Bank. <a href="https://www.business-standard.com/article/markets/stocks-to-watch-today-axis-bank-itc-asian-paints-bajaj-finance-yes-bank-ril-wipro-indus-towers-122102100101_1.html" target="_blank"><strong>Read more</strong></a></div>
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	<img alt="People walk past the Bombay Stock Exchange (BSE) building, in Mumbai (Photo: PTI)" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-02/24/full/1645704199-7903.jpg?im=Resize,width=640" /></div>

Brent Crude slightly higher near $93 per barrel

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Infosys allows employees to take up gig work with managers' prior consent

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	Several IT companies including Tata Consultancy Services (TCS), HCLTech, IBM, and Wipro have opposed moonlighting, calling it an ethical issue as well as a breach of employee code. <a href="https://www.business-standard.com/article/companies/infosys-allows-employees-to-take-up-gig-work-with-managers-prior-consent-122102100014_1.html" target="_blank"><strong>Read more</strong><br />
	<img alt="Infosys" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-04/08/full/1617877079-2632.jpg?im=Resize,width=640" /></a></div>

DIIs sell equities worth Rs 886 crore on October 20

FIIs buy equities worth Rs 1,864 crore on October 20