MARKET UPDATE: Sensex hovered around 59,382 levels while Nifty50 traded below 17,450 levels


Published On: Thursday, March 2, 2023 | By:

MARKET UPDATE: Sensex hovered around 59,382 levels while Nifty50 traded below 17,450 levels

Opening Bell: Indian market was propelled lower by the Subdued global mood in today's (2 March 2023) trading session. Both benchmark indices opened on a flat note. While Nifty50 traded below 17,450 levels, the S&P BSE Sensex hovered around 59,382 levels. Broader markets, however, outperformed benchmark indices as Nifty Midcap 100 and Nifty Smallcap 100 indices gained up to 0.2 percent.

Sectorwise, Nifty Media, and Nifty Private Bank indices were off to a decent start, whereas, the Nifty IT index was the worst hit as it declined nearly 1 percent.

Among individual stocks, shares of RVNL soared over 8 percent after it emerges as the lowest bidder to manufacture 200 Vande Bharat trains.

In addition, shares of KNR Constructions surged over 2 percent after it received an order to build six-lane access controlled Greenfield Highway along Bengaluru-Vijayawada economic corridor.

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