MARKET UPDATE: Sensex advanced over 17 points to trade flat at 60,701 levels while the Nifty50 traded flat above 17,850 levels


Published On: Monday, February 13, 2023 | By:

MARKET UPDATE: Sensex  advanced over 17 points to trade flat at 60,701 levels while the Nifty50 traded flat above 17,850 levels

Opening Bell: Indian markets opened flat in today's( 13 February 2023) trading session, ahead of the January inflation data. Key indices Nifty50 traded flat above 17,850 levels, whereas the S&P BSE Sensex advanced over 17 points to trade flat at 60,701 levels.

Broader markets, too, edged lower as Nifty MidCap 100 and Nifty SmallCap 100 indices declined up to 0.3 per cent. Volatility index, India VIX, meanwhile, jumped 3 per cent.

Sector-wise, Nifty Metal and Nifty Auto indices were off to a positive start, whereas Nifty IT index was the worst hit as it lowered up to 0.7 per cent.

Among individual stocks, shares of Oil India rallied 8 per cent after the company reported the highest-ever quarterly net profit of Rs 1,746.10 crore in Q3FY23.

In addition, shares of Glenmark Pharma surged over 3 per cent after the company reported 21.3 per cent rise in consolidated profit after tax at Rs 290.8 crore in Q3FY23.

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