MARKET UPDATE: Sensex advanced 300 points to trade around 59,258 levels while Nifty50 climbed over 50 points to trade above 17,350 levels
Published On: Wednesday, March 1, 2023 | By: Team KnowMyStock
Opening Bell: Indian markets edged higher in today's( 1 March 2023) trade, amid mixed global cues. Key indices Nifty50 climbed over 50 points to trade above 17,350 levels, whereas the S&P BSE Sensex advanced 300 points to trade around 59,258 levels.
Broader markets, too, inched higher in trade as Nifty MidCap 100 and Nifty SmallCap 100 indices rose up to 0.4 per cent.
Sector-wise, Nifty Metal index gained the most - up over 2 per cent, whereas Nifty Media, and Nifty FMCG indices were subdued in trade.
Among individual stocks, shares of Axis Bank gained over 1 per cent after the private sector lender completed acquisition of Citibank India's consumer business. In addition, shares of Zee Media surged over 4 per cent after wholly-owned subsidiary - Zee Media Americas LLC was incorporated in Delaware, USA.
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