MARKET UPDATE: Sensex surged over 500 points to trade around 58,409 levels while Nifty50 advanced over 150 points to trade above 17,150 levels
Published On: Wednesday, March 15, 2023 | By: Team KnowMyStock
Opening Bell: The Indian markets edged higher in today's(15 March 2023) trade to snap a four-day losing streak, after February inflation slowed to 6.4 percent. Key indices Nifty50 advanced over 150 points to trade above 17,150 levels, whereas the S&P BSE Sensex surged over 500 points to trade around 58,409 levels. Broader markets, too, inched higher in the trade as Nifty Midcap 100 and Nifty Smallcap 100 indices gained up to 1 percent. The volatility index, India VIX, meanwhile, slipped over 6 percent.
Sectorally all sectors swere floating in the sea of green, with Nifty Media, and Nifty Metal indices rising over 1 per cent each.
Among individual stocks, shares of Axis Bank gained over 1 per cent after credit ratings agency CRISIL Ratings reaffirmed bank's financial conditions as 'stable.'
In addition, shares of NBCC (India) rallied over 3 per cent after it secured Rs 500 crore work order to construct Government Medical College and Hospital at Karaikal, Puducherry.
We are on Telegram!
JOIN our telegram channel to receive updates on Financial News and Stock and FNO Tips.
Click Here!
Follow Us On:
