MARKET UPDATE: Sensex advanced over 400 points to reclaim 60,000 level while the Nifty50 climbed over 100 points to trade above 17,700 levels
Published On: Friday, February 3, 2023 | By: Team KnowMyStock
Opening Bell: A pullback rally saw Indian markets open higher in today's( 3 February 2023) trade, amid mixed global cues. Benchmark indices Nifty50 climbed over 100 points to trade above 17,700 levels, whereas the S&P BSE Sensex advanced over 400 points to reclaim 60,000 levels.
Broader markets, too, were upbeat in trade as Nifty MidCap 100 and Nifty SmallCap 100 indices surged up to 0.2 per cent. Volatility gauge, India VIX, meanwhile, slipped over 2 per cent.
Sector-wise, Nifty Bank started trade in the positive territory, gaining up to 1 per cent. On the flipside, Nifty Realty, and Nifty Metal indices were bogged down in trade.
Among individual stocks, shares of Adani-Group companies continued their downtrend, as Adani Transmission, Adani Enterprises, and Adani Green Energy hit their respective lower circuits, down 10 per cent.
Besides, shares of Titan rallied over 4 per cent after the jewellery maker clocked 15.6 per cent year-on-year (YoY) net sales in Q3FY23.
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