MARKET UPDATE:Sensex up 200 points to 55,690 levels, while Nifty index up 60-odd points around 16,650 levels
Published On: Thursday, March 3, 2022 | By: Team KnowMyStock
The Indian benchmark indices started trade fairly higher today(3rd March 2022) tracking firm global market cues after a day of huge sell-off. Though, soon after, the indices pared their opening gains and were modestly higher. The BSE Sensex was up 200 points to 55,690 levels, while the NSE Nifty50 index was now up 60-odd points around 16,650 levels. On the Sensex, IT stocks Tech M, Wipro, HCL Tech, and Infosys were the top gainers, up to 3 percent higher. On the downside, Asian Paints, Ultratech Cement, Kotak Bank, ICICI Bank, and Axis Bank were the top losers.
The broader markets were outperforming the benchmarks, with the BSE MidCap and SmallCap indices trading 0.5 and 1 per cent higher, respectively.
Sectorally, Nifty Bank, Auto and Financials slipped into red, paring all the opening gains. Nifty IT, Oil & Gas and Metals were the leading gainers, upto 1.6 per cent higher.
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