MARKET UPDATE: Sensex gained 200 points to 61,965, and the NSE Nifty50 moved 47 points higher to 18,316
Published On: Wednesday, May 10, 2023 | By: Team KnowMyStock
Opening Bell: Indian equity benchmark indices opened with nominal gains today( 10 May 2023) despite losses in other global markets, where investor sentiment has remained cautious ahead of the US CPI figure later today. The BSE Sensex gained 200 points to 61,965, and the NSE Nifty50 moved 47 points higher to 18,316. The broader markets opened in line with benchmarks. The BSE MidCap and SmallCap indices rose up to 0.4 percent.
Sectorwise, Nifty Auto, FMCG and Media indices held most gains, rising up to 0.6 per cent while Nifty PSB continued to be the biggest laggard, dropping over 1.5 per cent.
IndusInd Bank, Power Grid, Tata Motors, Bajaj Finserv, M&M, HCL Tech led gains of up to 2 per cent on the Sensex, while Bajaj Auto was among the top Nifty winner.
On the down side, NTPC, SBI, Titan, UPL and Dr Reddy's were among the few frontline losers.
Among stocks, Shipping Corp surged 5 per cent on posting a net profit of Rs 376.9 crore in Q4FY23 versus Rs 148 crore a year ago. SpiceJet lost 2 per cent after lessors approached the DGCA for deregistration of the airline's three planes.
We are on Telegram!
JOIN our telegram channel to receive updates on Financial News and Stock and FNO Tips.
Click Here!
Follow Us On:
