MARKET UPDATE:Sensex climbed 100 points to 58,245 levels and the Nifty50 rose 33 points above 17,350 levels


Published On: Wednesday, August 3, 2022 | By:

MARKET UPDATE:Sensex climbed 100 points to 58,245 levels and the Nifty50 rose 33 points above 17,350 levels

Opening Bell: The Indian equity markets today(3 August 2022) opened on a positive note at the BSE despite mixed global cues. Frontline indices Nifty50 rose 33 points above 17,350 levels and the S&P BSE Sensex climbed 100 points to 58,245 levels. While Eicher Motors, JSW Steel, and Cipla were the top contributors to the 50-packed index, Bharti Airtel, Reliance, and Tata Steel were top contributors to the S&P BSE Sensex. Broader markets, meanwhile, were mixed in trade. Nifty Midcap 100 was down 0.1 percent, whereas Nifty Smallcap 100 surged 0.3 percent. Sector-wise, Nifty Metal, and Nifty Pharma opened with marginal gains. However, Nifty Auto and Nifty Media indices were bogged down in trade.

Among individual stocks, shares of Adani Transmission hit 52-week high at Rs 3,528 per share ahead of their June quarter results (Q1FY23).

Besides, shares of Subex soared 20 per cent to Rs 33 per share after Reliance Jio Platforms announced partnership with its AI Orchestration Platform, HyperSense.

We are on Telegram!

Telegram Logo

JOIN our telegram channel to receive updates on Financial News and Stock and FNO Tips.

Click Here!

Follow Us On: