MARKET UPDATE: Sensex declined over 150 points to trade around 60,676 levels while the Nifty50 cdropped over 50 points to trade below 17,800 levels
Published On: Monday, February 6, 2023 | By: Team KnowMyStock
Benchmark indices Nifty50 dropped over 50 points to trade below 17,800 levels, whereas the S&P BSE Sensex declined over 150 points to trade around 60,676 levels. Broader markets, meanwhile, outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices climbed up to 0.3 percent. The volatility gauge, India VIX, on the other hand, jumped over 3 percent.
Sector-wise, Nifty PSU Bank index was off to a positive start, while the Nifty Metal index was the worst hit as it lowered over 1 perc ent.
Among individual stocks, shares of ITC gained over 1 per cent after the conglomerate posted 21 per cent YoY in profit at Rs 5,031 crore in Q3FY23.
Besides, shares of SBI surged over 1 per cent after the public sector lender registered 8.5 percent YoY growth in standalone profit at Rs 14,205 crore in Q3FY23.
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