Stock Market Update: Sensex Opens 200 pts Higher, Nifty Above 17,350; Adani Stocks Jump up to 7%

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Stock Market Update: Sensex Opens 200 pts Higher, Nifty Above 17,350; Adani Stocks Jump up to 7%


Last Updated: March 01, 2023, 09:26 IST

Sensex Today: Domestic markets edged greater on Wednesday, amid blended international cues. Key indices Nifty50 climbed over 50 factors to commerce above 17,350 ranges, whereas the S&P BSE Sensex superior 300 factors to commerce round 59,258 ranges.

Broader markets, too, inched greater in commerce as Nifty MidCap 100 and Nifty SmallCap 100 indices rose up to 0.4 per cent.

Sectorally, Nifty Metal index gained essentially the most – up over 2 per cent, whereas Nifty Media, and Nifty FMCG indices had been subdued in commerce.

Among particular person shares, shares of Axis Bank gained over 1 per cent after the personal sector lender accomplished acquisition of Citibank India’s shopper enterprise.

Besides, shares of Zee Media surged over 4 per cent after wholly-owned subsidiary – Zee Media Americas LLC was integrated in Delaware, USA.

Global Cues

Globally, the US markets had been subdued in a single day as Dow Jones, NASDAQ Composite, and the S&P 500 indices lowered up to 0.7 per cent.

Asia-Pacific markets, too, fell in tandem this morning, with Nikkei 225, Topix, the S&P 200, Shanghai Composite, and Hang Seng indices dropping up to 0.8 per cent.

In the commodities market, costs of Brent Crude and WTI Crude climbed up to 1 per cent to $83 per barrel, and $77 per barrel, respectively.

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