MARKET UPDATE: Sensex advanced over 500 points to trade around 59,454 levels while Nifty50 climbed over 100 points to trade above 17,450 levels
Published On: Friday, March 3, 2023 | By: Team KnowMyStock
Strong global mood propelled Indian markets higher in today's( trade), led by gains across index-heavyweights like SBI, Reliance Industries, NTPC, HCL Technologies, and Bharti Airtel, among others. Key indices Nifty50 climbed over 100 points to trade above 17,450 levels, whereas the S&P BSE Sensex advanced over 500 points to trade around 59,454 levels.
Broader markets, too, inched higher in the trade as Nifty Midcap 100 and Nifty Smallcap 100 indices surged up to 0.7 percent. The volatility index, India VIX, meanwhile, slipped over 5 percent.
Apart from Nifty Pharma, and Nifty Realty indices, all sectors were floating in the sea of green, with Nifty PSU Bank, and Nifty Metal indices leading the charge and gaining up to 3 per cent.
Among individual stocks, shares of Adani group companies rallied up to 10 per cent, after the promoters sold shares worth Rs 15,446 crore in four of its listed entities to GQG Partners. In addition, shares of Indiabulls Housing Finance gained over 1 per cent after the company announced Rs 900-crore debt sale through NCDs.
We are on Telegram!
JOIN our telegram channel to receive updates on Financial News and Stock and FNO Tips.
Click Here!
Follow Us On:
