MARKET UPDATE: Sensex was up over 200 points to trade at 57,362 levels, while Nifty50 up over 50 points to trade above 17,050 levels


Published On: Wednesday, October 12, 2022 | By:

 MARKET UPDATE:  Sensex was up over 200 points to trade at 57,362 levels,  while  Nifty50  up over 50 points to trade above 17,050 levels

Opening Bell: Indian equity markets edged higher in today's(12 October 2022) trade amid mixed global cues and falling crude oil prices. Key indices Nifty50 was up over 50 points to trade above 17,050 levels, whereas the S&P BSE Sensex was up over 200 points to trade at 57,362 levels. Broader markets, too, climbed in the trade as Nifty MidCap 100 and Nifty SmallCap 100 surged up to 0.4 percent. Sector-wise, all sectors opened on a volatile note. Nifty FMCG, Nifty IT, and Nifty Realty indices gained marginally in trade - up to 0.6 percent.

While HCL Technologies, Power Grid, Asian Paints, Bajaj Finserv, attempted to drive gains for the benchmark indices; Tata Steel, Maruti, Reliance Industries weighed on the indices.

In indvidual stocks, shares of HCL Technologies surged over 2 per cent ahead of their September quarter results (Q2FY23). Shares of Suzlon Energy rallied over 2 per cent after the company secured 144.9 MW order from the Aditya Birla Group.


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