MARKET UPDATE: Sensex gained over 350 points to trade around 61,660 level while the Nifty50 advanced over 50 points to trade above 18,100 levels
Published On: Thursday, February 16, 2023 | By: Team KnowMyStock
Indian equity markets edged higher in today's ( 16 February 2023) intra-day trade, amid strong global sentiments. Key indices Nifty50 advanced over 50 points to trade above 18,100 levels, whereas the S&P BSE Sensex gained over 350 points to trade around 61,660 levels. Broader markets rose in tune as Nifty MidCap 100 and Nifty SmallCap 100 indices climbed up to 0.6 percent.
Sectorally, all sectors traded in the positive territory, with Nifty IT and Nifty Metal indices taking the lead and climbing over 1 per cent each.
Among individual stocks, shares of Patel Engineering soared over 9 per cent after the company was declared lowest bidder (L1) for Rs 1,567 crore projects in Madhya Pradesh and Maharashtra.
Besides, shares of Bharat Dynamics gained over 2 per cent after the company launched three new products during the ongoing Aero India – 2023 event in Bengaluru.
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