MARKET UPDATE: Sensex quoted near 60,380 levels, up 120 points , while the Nifty50 slipped below the 18,000-mark and was at 17,965
Published On: Monday, January 16, 2023 | By: Team KnowMyStock
Indian equity markets started higher today(16 January 2023), lifted by HDFC Bank, Bajaj twins, IndusInd Bank, Ultratech Cement, Kotak Bank, Infosys, and HCL Tech. On the downside, Tata Steel, NTPC, Tata Motors, M&M, Power Grid, and Nestle weighed on the bourses. The S&P BSE Sensex, which advanced 295 points in early deals, was off highs and quoted near 60,380 levels, up 120 points or 0.2 percent. The Nifty50, too, slipped below the 18,000 mark and was at 17,965.
In the broader market, the BSE MidCap and SmallCap indices rose 0.4 per cent each.
Sectorally, only the Nifty Auto and Metal indices were quoting in the red, falling up to 1.26 per cent. The Nifty PSU Bank index added 1.7 per cent, followed by the Nifty IT index (up 1 per cent).
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