Daily Market Report: 2nd May 2022

 Key Highlights of the Day

• IDBI Bank eyeing 10-12% loan growth in FY23, will cut down bad debt, says MD Rakesh Sharma
• HDFC Q4 net profit surges 16.4% YoY to Rs 3,700 crore, beats estimate
• India's power consumption grows 13.6% to 132.98 billion units in April
• US embassy in Ukraine says it hopes to return to Kyiv by the end of May
• At Rs 1.68 lakh crore, GST collection scales to all-time high in April 2022

SENSEX: 56,975.99 (-84.88)

NIFTY 50: 17,069.10 (-33.45)

Nifty Bank: 36,163.75 (+75.60)

NIFTY IT: 31,138.80 (-483.60)

BSE Midcap: 24,303.98 (-114.06)

BSE Smallcap: 28,361.78 (-250.14)

 

Top Gainers

IndusInd Bank: 1,018.10 (+4.04%)

Coal India: 187.65 (+2.63%)

Tata Steel: 1,295.20 (+1.90%)

 

Top Losers

Apollo Hospital: 4,304.75 (-3.36%)

Eicher Motors: 2,552.50 (-2.96%)

Titan Company: 2,386.55 (-2.91%)