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MARKET LIVE: Sensex up 150 pts, Nifty holds 18,050 ahead of weekly expiry
Stock market live updates:Broader markets outperformed the benchmarks. The BSE Midcap and Smallcap indices were up around 1 per cent each in noon deals on Thursday.
Topics MARKET LIVE | Markets Sensex Nifty | Market trends
SI Reporter |
Photo: Bloomberg
Last Updated at February 16, 2023 14:43 IST
Introduction
The key benchmark indices held steady gains in noon deals on Thursday, after having claimed fresh calendar year highs earlier in the day. IT and select financial shares continued to outpeform, alongwith the broader indices.
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MARKET LIVE UPDATES
The key benchmark indices held steady gains in noon deals on Thursday, after having claimed fresh calendar year highs earlier in the day. IT and select financial shares continued to outpeform, alongwith the broader indices.
The S&P BSE Sensex which rallied to a high of 61,682, was now up 150-odd points at 61,440 levels. The NSE hit a high of 18,135, and was now seen hovering around the 18,050 level.
The S&P BSE Sensex which rallied to a high of 61,682, was now up 150-odd points at 61,440 levels. The NSE hit a high of 18,135, and was now seen hovering around the 18,050 level.
Broader markets, however, continued to outperform. The Nifty MidCap 100 and Nifty SmallCap 100 indices were up around 0.7 per cent.
All sectors traded in the positive territory, with Nifty IT and Nifty Metal indices taking the lead and climbing over 1 per cent each.
Among individual stocks, shares of upstream oil companies mainly Oil & Natural Gas Corporation (ONGC) and Oil India gained up to 4 per cent after the government cut the windfall profit tax on domestically produced crude oil. READ MORE
Besides, shares of InterGlobe Aviation, which runs IndiGo airlines, fell 5 per cent after over 4 per cent equity of the airline company changed hands via block deals. READ MORE
Among individual stocks, shares of upstream oil companies mainly Oil & Natural Gas Corporation (ONGC) and Oil India gained up to 4 per cent after the government cut the windfall profit tax on domestically produced crude oil. READ MORE
Besides, shares of InterGlobe Aviation, which runs IndiGo airlines, fell 5 per cent after over 4 per cent equity of the airline company changed hands via block deals. READ MORE
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