MARKETS: Sensex zooms 600 pts; Adani Ent jumps 4% on Rs 820-crore Q3 profit
Stock market live updates: Broader markets, however, underperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices declined up to 0.3 per cent
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STOCK MARKET LIVE UPDATES
Domestic markets firmly extended gains on Tuesday led by a rally in IT stocks and havyweights like Reliance and ITC. The wholesale inflation imprint, which slipped to a 2-year low of 4.73 per cent in January, also supported sentiment.
Key indices Nifty50 climbed over 150 points to trade above 17,900 levels, whereas the S&P BSE Sensex leapt over 600 points to the day's high of 61,102.
Broader markets, however, underperformed benchmark indices as BSE MidCap and SmallCap indices declined up to 0.4 per cent.
Sectorally, Nifty IT index gained the most, up to 1 per cent, while Nifty Realty index was the worst hit as it declined up to 1 per cent.
Among individual stocks, shares of FSN e-Commerce Ventures, parent firm of Nykaa, tumbled over 3 per cent after the company posted 70.75 per cent YoY drop in consolidated profit to Rs 8.48 crore for Q3FY23.
Besides, shares of Zee Entertainment declined over 3 per cent reported after the company clocked 91 percent YoY drop in net profit in Q3FY23.
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Topics : stock market trading
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First Published: Feb 14 2023 | 2:27 PM IST
