MARKET LIVE UPDATES
The benchmark indices erased opening gains and were flat in Thursday’s intra-day trade on the BSE. Frontline indices Nifty50 hovered above 17,400 levels, whereas the S&P Sensex was up over 50 points to 58,447.47 levels.
Tata Steel, Nestle, Infosys, Dr Reddy’s, Ultratech Cement, Wipro, and Sun Pharma were the top contributors to the benchmark indices.
Sector-wise, Nifty Metal shone in trade as it surged over 2 per cent. Nifty IT, too, hogged the limelight and climbed over 1 per cent. That said, Nifty Realty and Nifty PSU Bank were battered in trade.
Among individual stocks, shares of Adani Power hit 52-week high at Rs 352 per share after the company reported a 16-fold jump in consolidated net profit to Rs 4,780 crore in Q1FY23. READ MORE
Besides, shares of Adani Total Gas hit 52-week high at Rs 3,335.05 per share ahead of their Q1FY23 results.
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