MARKET UPDATE: Sensex gained 160 points to 62,200, and the NSE Nifty50 edged 45 points up to 18,360


Published On: Monday, May 15, 2023 | By:

MARKET UPDATE: Sensex gained 160 points to 62,200, and the NSE Nifty50 edged 45 points up to 18,360

Indian Equity benchmark indices held gains in today's(15 May 2023) early trade following a respite in the CPI inflation, which dipped to an 18-month low of 4.7 percent in April. The BSE Sensex gained 160 points to 62,200, and the NSE Nifty50 edged 45 points up to 18,360. The broader markets opened tepidly. The BSE MidCap and SmallCap indices were nearly flat versus a mild uptick in the BSE Sensex

Tata Motors gained over 3.5 per cent on posting a net profit of Rs 5,408 crore in Q4FY23 as against a net loss of Rs 1,033 crore last year.

Adani Enterprises lost 3 per cent after the company said it plans to raise Rs 12,500 crore through the qualified institutional placement route.

Sectorwise, Nifty Realty led gains, rising 1 per cent followed by the Auto and IT packs. On the flip side, Nifty Metals, PSBs and Pharma held losses.


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