MARKET UPDATE: Sensex advanced over 200 points to trade around 60,676 levels while the Nifty50 climbed over 50 points to trade above 17,800 levels
Published On: Tuesday, February 14, 2023 | By: Team KnowMyStock
Opening Bell: Indian markets opened higher in today's(14 February 2023) trade, amid improved global sentiment. Key indices Nifty50 climbed over 50 points to trade above 17,800 levels, whereas the S&P BSE Sensex advanced over 200 points to trade around 60,676 levels. Broader markets, however, exhibited mixed trends as Nifty MidCap 100 index outperformed Nifty SmallCap 100 index.
Sector-wise, Nifty IT index was off to a positive start as it rose 0.9 per cent, while Nifty Realty and Nifty Media indices declined up to 0.6 per cent.
Among individual stocks, shares of FSN e-Commerce Ventures, parent firm of Nykaa, tumbled over 3 per cent after the company posted 70.75 per cent YoY drop in consolidated profit to Rs 8.48 crore for Q3FY23.
Besides, shares of Zee Entertainment declined over 3 per cent reported after the company clocked 91 percent YoY drop in net profit in Q3FY23.
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