MARKET UPDATE: Sensex reclaimed 62,000 levels, up over 100 points, while the Nifty50 climbed nearly 50 points to trade above 18,350 levels


Published On: Tuesday, May 23, 2023 | By:

MARKET UPDATE: Sensex reclaimed 62,000 levels, up over 100 points, while the Nifty50 climbed nearly 50 points to trade above 18,350 levels

Opening Bell: Indian markets opened higher in today's(23 May 2023) trade, amidst mixed global cues. Frontline indices the S&P BSE Sensex reclaimed 62,000 levels, up over 100 points, while the Nifty50 index climbed nearly 50 points to trade above 18,350 levels. Broader markets, too, edged higher in trade as Nifty Midcap 100, and Nifty Smallcap 100 indices surged up to 0.4 percent.

Sectorwise, Nifty Metal index gained the most, up over 1 per cent. Nifty Realty index, on the flipside, slipped in negative territory.

Among individual stocks, shares of BPCL gained over 1 per cent after the company reported a 159 per cent growth in net profit of Rs 6,478 crore.

In addition, shares of Dhanlaxmi Bank surged over 3 per cent after the company posted a 63 per cent growth in Q4 net at Rs 38.17 crore in Q4FY23.


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