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Stock market live updates: Equity markets pared early gains to turn into the negative zone on Friday despite strength in global peers.
The BSE Sensex was down 500 points to 62,045 and the NSE Nifty50 slipped 145 points to 18,460 level.
HCL Tech was the biggest loser on the Sensex, down over 5 per cent, followed by Tech M and Infosys. Reports said HCL Tech expects its FY23 constant currency revenue at the lower end of its guidance at 13.5 per cent. READ MORE
The broader markets, meanwhile, outweighed the frontline indices. The BSE MidCap and SmallCap indices rose up to 0.5 per cent.
Within sectors, the Nifty PSB index built on yesterday’s gain and rallied 1.5 per cent. Metal, FMCG, and Auto pockets were other top gainers, while the IT index slipped over 1 per cent.
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