MARKET UPDATE:Sensex climbed 400 points to trade at 58,392 levels and the Nifty50 rose over 100 points to trade above 17,450 levels


Published On: Tuesday, August 30, 2022 | By:

MARKET UPDATE:Sensex climbed 400 points to trade at 58,392 levels  and the Nifty50 rose over 100 points to trade above 17,450 levels

Opening Bell: Markets opened on a positive note in today's(30 August 2022) trade amid mixed global cues. Frontline indices Nifty50 rose over 100 points to trade above 17,450 levels and the S&P BSE Sensex climbed 400 points to trade at 58,392 levels. Broader markets, meanwhile, outperformed benchmark indices as Nifty Midcap 100 and Nifty Smallcap 100 surged up to 0.9 percent. Bajaj Twins, IndusInd Bank, Axis Bank, and Tata Steel, were top contributors to the benchmark indices. Meanwhile, Reliance Industries and Bharti Airtel weighed on the indices. All sectors opened in the green zone with Nifty Media, Nifty Metal, and Nifty Energy indices rising over 1 percent each. Among individual stocks, shares of Ashok Leyland gained 1 percent after the automaker announced 6 new models for their LCV range.

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