MARKET UPDATE: Sensex fell 40-odd points to 60,306 while Nifty50 remained unchanged at 17,754
Published On: Thursday, March 9, 2023 | By: Team KnowMyStock
Opening Bell: The Indian key benchmark indices started today's (9 March 2023) session flat amid muted global cues and concerns of a more considerable rate hike by the US Fed next week. The BSE Sensex fell 40-odd points to 60,306, and the NSE Nifty50 remained unchanged at 17,754 Tata Steel, Bharti Airtel, L&T, Axis Bank, HCL Tech, and Tata Motors led gains on the Sensex, rising up to 1.8 percent. At the same time, Hindalco and JSW Steel were the additional winners on the Nifty.
On the flip side, Reliance, ICICI Bank, M&M, TCS, SBI Life and Bajaj Finserv were the top laggards across the two indices.
The broader markets opened with firm gains. The BSE MidCap and SmallCap indices edged up to 0.5 per cent higher. Sector-wise, Nifty IT, Auto and FMCG indices were weak, while Metal index rose over 1 per cent leading gains.
Among stocks, SeQuent Scientific zoomed 12 per cent on terminating its agreement to acquire Tineta Pharma.
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