MARKET UPDATE: Sensex rose 500 points to 56,320, while Nifty climbed 150 points to 16,780


Published On: Friday, June 3, 2022 | By:

MARKET UPDATE: Sensex rose 500 points to 56,320, while Nifty climbed 150 points to 16,780

The key benchmark indices were upbeat today(3 June 2022) following a relief rally in the US markets overnight and firm Asian indices. The BSE Sensex rose 500 points to 56,320, while the NSE Nifty climbed 150 points to 16,780. In the broader markets, the BSE MidCap and SmallCap indices also opened in the green, rising up to 0.8 percent. Sectorally, Nifty IT soared over 2 percent following a strong rally in US tech stocks on overnight. Nifty Bank, PSBs, and Pharma were other notable winners. Specialty company Aether Industries is listed at Rs 706, a 10 percent premium over its issue price of Rs 642, on the BSE. The stock soon after hit the upper circuit, surging over 20 percent.

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