by THO
Live: Closing Bell | Nifty, Sensex rebound from day’s low but mid & smallcaps suffer| LIC & Zomato in focus
Nifty rebounds after slipping in early trade, back to 21,790 levels, while Sensex gained 150-odd points. Broader indicies however, faced the wrath, midcap and Smallcap indices down 1 percent each. On the sectoral front, auto, capital goods, oil & gas, metal, power and realty down 0.5-2 percent each. On the other hand, PSU Bank and pharma indices up 0.5 percent each. Among stocks that were abuzz, LIC became India’s 4th most valued firm whereas RVNL slumped over 8% after a disappointing Q3 earnings. Meanwhile, HSBC has a buy call on Zomato and has raised its target price to Rs 163 from the earlier Rs 150/share. Watch Nandita Khemka and Yatin Mota discuss details of the trading day on Closing Bell
