Opening Bell: Markets opened on a flat note amid weak global cues today(24 August 2022). Frontline indices Nifty50 climbed above 17,550 levels, whereas the S&P BSE Sensex inched above 59,000 levels.
Broader markets marched forward in the trade as Nifty Midcap 100 and Nifty Smallcap 100 surged up to 0.5 percent.
Sector-wise, Nifty Media and Nifty Realty opened with marginal gains. Nifty Auto and Nifty Financial Services, however, opened with minor losses.
IndusInd Bank, ITC, Sun Pharma, and TCS supported the benchmark indices, whereas, Bharti Airtel, Asian Paints, and Maruti weighed on the benchmark indices.
Besides, shares of NDTV hit 5 percent upper circuit as Adani Group plans to acquire a 29.1 percent stake.