MARKET UPDATE: Sensex advanced over 150 points to trade around 59,281 levels, whereas Nifty50 climbed over 40 points to trade above 17,400 levels
Published On: Wednesday, April 5, 2023 | By: Team KnowMyStock
Opening Bell: Indian markets opened higher in today's(5 April 2023) trade, despite mixed global cues. Key indices Nifty50 climbed over 40 points to trade above 17,400 levels, whereas the S&P BSE Sensex advanced over 150 points to trade around 59,281 levels. Broader markets, however, were mixed as Nifty Smallcap 100 index outperformed Nifty Midcap 100 index.
Sectorwise, Nifty Financial Services index gained the most - over 0.6 per cent. Nifty Metal, Nifty IT, and Nifty Healthcare indices, meanwhile, remain bogged down in trade.
Among individual stocks, shares of HCL Technologies slipped 1 per cent after brokerage firm JP Morgan placed the IT service provider under 'negative catalyst watch' ahead of earnings season.
Besides, shares of Bajaj Finance surged 2 per cent after the lender reported 20 per cent YoY growth in new loan bookings for the March quarter.
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