Stocks likely to be in focus on November 2

Keep an eye on these stocks for Wednesday's trading session

On Tuesday, bulls took charge and led Sensex to end 374.76 points or 0.62 per cent higher at 61,121.35 level and Nifty to end 133.20 points or 0.74 per cent up at 18,145.40 level.

Adani Enterprises, Divis Labs, NTPC, Power Grid Corp and Grasim Industries were among the top Nifty gainers, while losers included Axis Bank, UPL, Eicher Motors, Reliance Industries and Maruti Suzuki.

Keep an eye on these stocks for Wednesday's trading session -

UPL - The company has announced results for Q2FY23 which reveal that robust growth momentum continued into Q2FY23 with an 18 per cent YoY uptick in sales reaching Rs 12,506 crore. On the other hand, EBITDA grew by 35 per cent on a YoY basis whereas improved realizations, better product mix along with efficient supply chain management drove EBITDA margins. The shares of UPL have ended lower in a bullish market today.

Balrampur Chini Mills - The shares of Balrampur Chini Mills have gained beyond 4 per cent on the announcement that a meeting of the board of directors will be held on November 9, 2022, to consider the standalone and consolidated unaudited financial results of the company for the quarter and half year ended September 30, 2022 and buyback of equity shares of the company. The shares of this sugar company closed 4.74 per cent higher.

FSN E-commerce - Nykaa reported a 350 per cent jump in Q2FY23 net profit owing to strong demand for its products, ahead of the festive season. Consolidated net profit stood at Rs 5.2 crore compared with Rs 1.17 crore in Q2FY22. The company's quarterly revenue from operations grew 39 per cent on a year-on-year basis to Rs 1,230.8 crore. The shares of FSN E-commerce settled 2.36 per cent higher on Tuesday.

Price Volume Breakout Stocks - The shares which saw a price volume breakout in Tuesday's trading session included Shree Renuka Sugars, Godfrey Phillips India, Adani Wilmar, Infibeam Incorporation and Vijaya Diagnostic Centre.