MARKET UPDATE: Sensex rose over 100 points to trade at 61,647 levels and Nifty climbed over 40 points to trade above 18,300 levels


Published On: Thursday, November 24, 2022 | By:

MARKET UPDATE: Sensex rose over 100 points to trade at 61,647 levels and  Nifty climbed over 40 points to trade above 18,300 levels

Opening Bell: Indian markets inched higher today (24 November 2022) after dovish US FOMC minutes cheered global stocks. Key indices Nifty50 climbed over 40 points to trade above 18,300 levels and the S&P 500 rose over 100 points to trade at 61,647 levels. Broader markets, too, followed a similar trend as Nifty SmallCap 100 and Nifty MidCap 100 surged up to 0.4 percent. Volatility gauge, India VIX, meanwhile, declined over 4 percent. All sectors started to trade on a positive note with Nifty Media, Nifty Auto, and Nifty PSU Bank indices leading the charge.

Among individual stocks, shares of HG Infra climbed over 3 per cent after the firm received appointed date letter from Adani Road Transport for road project in Uttar Pradesh.

Besides, shares of Fino Payments Bank soared over 8 per cent after investor Capri Global Holdings picked 1.58 per cent stake via open market transactions.

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