Stock Market Updates: Sensex Jumps 150 pts, Nifty Above 17,000; Paytm Gains 2%

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Stock Market Updates: Sensex Jumps 150 pts, Nifty Above 17,000; Paytm Gains 2%


Last Updated: March 28, 2023, 09:35 IST

Stock Market Today: Indian indices opened greater on March 28 with Nifty above 17000.

The Sensex was up 195.28 factors or 0.34 per cent at 57,849.14, and the Nifty was up 54.10 factors or 0.32 per cent at 17,039.80. About 1023 shares superior, 723 shares declined, and 89 shares unchanged.

Bullish sentiment was seen throughout broader markets as nicely, as Nifty Midcap 100 and Nifty Smallcap 100 indices superior as much as 0.1 per cent.

Barring Nifty Pharma index, all sectors swimmed within the sea of inexperienced. Nifty Metal, Nifty Media, and Nifty Realty indices gained as much as 0.5 per cent.

Back dwelling, shares of PNC Infratech gained over 4 per cent after the corporate was declared lowest (L-1) bidder for a 4-lane freeway challenge price Rs 819 crore.

Global Cues

Global shares and US bond yields rose on Tuesday, as a U.S. regulator-backed deal by First Citizens BancShares to purchase failed Silicon Valley Bank soothed wider worries about issues within the sector. MSCI’s broadest index of Asia-Pacific shares exterior Japan edged up 0.3% by early morning Hong Kong time. U.S. inventory futures, the S&P 500 e-minis, have been up 0.21%.

Tokyo shares opened greater Tuesday after the Dow index was lifted by US financial institution share features as fears of a disaster within the sector eased.The benchmark Nikkei 225 index rose 0.39 %, or 108.12 factors, to 27,584.99 on the open, whereas the broader Topix index added 0.33 climbed 0.59 %, or 11.67 factors, to 1,973.51.

The S&P 500 ended barely greater on Monday as a deal for Silicon Valley Bank’s property helped to spice up financial institution shares, whereas a decline in technology-related shares restricted the day’s features.

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