Stock Market Updates: Sensex Jumps 250 Points, Nifty Above 22,400; ITC Rallies 6% – News18

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Stock Market Updates: Sensex Jumps 250 Points, Nifty Above 22,400; ITC Rallies 6% – News18


Last Updated: March 13, 2024, 09:30 IST

Equity benchmark indices opened larger on Wednesday, monitoring energy in international markets after CPI information each in India and the US got here largely in step with expectations. The BSE Sensex rose 250 factors to 73,888 and the NSE Nifty50 was up 43 factors at 22,379.

ITC jumped 6 per cent, main positive aspects on the Sensex. It was adopted by positive aspects in Nestle, TCS, Wipro and HDFC Bank.

On the flip aspect, NTPC, Power Grid, ONGC, Bharti Airtel, Tata Steel and Sun Pharma had been among the many frontline losers.

The BSE MidCap and SmallCap indices had been almost flat with an uptick of 0.1 per cent every.

Global Cues

With estimates being largely met and no shock soar in inflation, US indices gained in a single day led by Nvidia-rally. The Dow rose 0.6 per cent, S&P 500 1.12 per cent and the Nasdaq 1.54 per cent.

Hang Seng, Kospi and ASX 200 additionally held nominal positive aspects in Asia this morning. Nikkei was seen paring positive aspects to dip 0.2 per cent.



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