MARKET UPDATE: Nifty50 climbed over 100 points to trade above 17,750 levels and the Sensex advanced over 300 points to trade at 59,891 level


Published On: Thursday, October 27, 2022 | By:

MARKET UPDATE:   Nifty50 climbed over 100 points to trade above 17,750 levels and the Sensex advanced over 300 points to trade at 59,891 level

Opening Bell: Indian equity markets edged higher in today's(27 October 2022) trade amid mixed global cues. Key indices Nifty50 climbed over 100 points to trade above 17,750 levels and the S&P BSE Sensex advanced over 300 points to trade at 59,891 levels. The broader markets, too, jumped in tandem as Nifty MidCap 100 and Nifty SmallCap 100 rose over 0.3 percent each. All sectors were in a sea of green as the Nifty Metal index led the charge, rising over 1 percent in trade. Among individual stocks, shares of Dabur gained over 2 percent after the FMCG major plans to invest Rs 325.87 crore in its Indore plant in Madhya Pradesh. In addition, shares of Gland Pharma tumbled over 7 percent after the company saw a 20.1 percent decline in consolidated net profit to Rs 241.2 crore in Q2FY23.

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