BSE's Sensex dropped 259.59 points, or 0.36 per cent, to settle at 71,423.65, while NSE's Nifty50 declined 50.60 points, or 0.23 per cent, to end the day at 21,571.80 for the day.
While money managers have sounded out a word of caution, stating that risk-reward remains unfavourable in several pockets of the smallcap segment, an analysis of the valuation based on the price-to-earnings ratio (P/E), suggested that there are still some multibaggers which are trading below their 5-year average.
Share Market Highlights 02 November 2023: Sensex gains 490 pts, Nifty closes above 19,100 as Federal Reserve's dovish stance drives markets higher thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Responsive Industries Ltd consolidated Q2 FY24 PAT up at Rs. 40.18 crores equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.