MARKET UPDATE: Sensex advanced over 250 points to trade around 59,884 levels while Nifty50 climbed over 50 points to trade above 17,550 levels


Published On: Friday, February 24, 2023 | By:

MARKET UPDATE: Sensex advanced over 250 points to trade around 59,884 levels while Nifty50 climbed over 50 points to trade above 17,550 levels

Opening Bell: Strong global mood instilled strength in Indian markets today(24 February 2023). Key indices Nifty50 climbed over 50 points to trade above 17,550 levels, whereas the S&P BSE Sensex advanced over 250 points to trade around 59,884 levels. Broader markets, too, inched higher in the trade as Nifty MidCap 100 and Nifty SmallCap 100 indices surged up to 0.4 percent. Volatility gauge, India VIX, meanwhile, slipped over 3 percent. Barring Nifty Media and Nifty Energy indices, all sectors started to trade in positive territory. Nifty PSU Bank and Nifty Metal indices rose the most, up to 0.7 percent.

Among individual stocks, shares of Zee Entertainment declined over 2 per cent after the company was barred from the futures and options (F&O) segment of the NSE. Also, shares of Vascon Engineers surged over 4 per cent as the company bagged Rs 96 crore order from Pune Metropolitan.

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