Equity Market Update
- Brushing aside tepid global macros, equity markets in October 2022 rallied by over 3,300 points on the back of robust July-Sept 2022 quarter earnings. This marks the third consecutive time in as many months that the Sensex has scaled the 60,000 level.
- The frontline indices, S&P BSE Sensex and Nifty 50, surged 5.78% and 5.37% respectively, while S&P BSE Mid-Cap and S&P BSE Small-Cap rose by 2.03% and 1.28% respectively.
- On the BSE sectorial front, S&P BSE PSU (up 8.42%), S&P BSE Bankex (7.29%), S&P BSE Energy (6.62%) were the gainers.
