Stock Market Updates: Sensex Gains 200 pts, Nifty Above 17,650; Kotak Mahindra Bank Rises 5%

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Stock Market Updates: Sensex Gains 200 pts, Nifty Above 17,650; Kotak Mahindra Bank Rises 5%


Last Updated: April 11, 2023, 09:30 IST

Sensex Today: The home markets prolonged the successful streak to the seventh consecutive day as Nifty50 climbed over 50 factors to commerce above 17,650 ranges, whereas the S&P BSE Sensex superior over 200 factors to reclaim 60,000-mark.

Broader markets, too, have been upbeat within the commerce as Nifty Midcap 100 and Nifty Smallcap 100 indices surged as much as 0.4 per cent. Volatility index, India VIX, in the meantime, slipped over 1 per cent.

Barring Nifty IT index, which misplaced marginally in commerce, all different sectors swimmed in a sea of inexperienced. Nifty PSU Bank index led the cost because it gained over 1 per cent.

Global Cues

Globally, the US markets have been blended in a single day forward of essential inflation report. While the NASDAQ Composite index misplaced marginally, Dow Jones, and the S&P 500 indices gained as much as 0.3 per cent.

Asia-Pacific markets, nevertheless, climbed increased, with Nikkei 225, the S&P 200, Hang Seng, Kospi indices rising as much as 1 per cent.

In the commodity market, costs of Brent Crude, WTI Crude have been agency at $84 per barrel, and $80 per barrel, respectively.

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