Last Update: June 02, 2023, 09:36 AM IST
Sensex Today: Equity benchmark indices Sensex and Nifty opened on a positive note on Friday following positive domestic and global cues. The BSE Sensex advanced 200 points to 62,629 and the NSE Nifty 50 advanced 62 points to 18,549.
Tech M, Tata Steel, UltraTech Cement, ICICI Bank and HCL Tech were the gainers on the Sensex. Hero Moto gained on Nifty and jumped over 3 per cent after April to May sales growth of 7 per cent.
On the other hand, IndusInd Bank, Infosys, Asian Paints, Tata Motors and Coal India were among some of the frontline losers.
There was relative strength in the broader markets. The BSE Midcap and Smallcap indices rose up to 0.7 per cent.
Among sectors, Nifty Metal and Realty indices were the top gainers with gains of 1 per cent each. Pharma pocket was the only index in the red.
global signal
Globally, the US Senate is preparing to vote on the Debt Limit Bill this morning. Asian shares advanced with the Nikkei, Hang Seng, Strait Times and Kospi gaining 0.2-2 per cent.
In the US, the Dow closed up 0.5 per cent overnight. The S&P 500 and Nasdaq Composite gained 1 percent each. Both the indices closed at their highest levels since August 2022.
Investors are now eyeing the crucial May jobs report, which could prove key to the US Fed’s rate hike decision on June 14.
