Last Update: March 06, 2023, 09:26 AM IST
Sensex Today: Sensex, Nifty50 opened on a positive note in the stock markets on Monday amid improvement in global sentiments. Major indices Nifty 50 climbed over 100 points to trade above 17,700 level, while S&P BSE Sensex was up over 450 points to trade at 60,286 level.
Broader market also grew in tandem smelly Midcap 100 and Nifty Smallcap 100 index rose up to 0.6 per cent. The volatility index, India VIX, meanwhile, declined as much as 2 per cent.
Barring the Nifty Realty index, all other sectors swam in a sea of green. The Nifty metal sector rose the most – up to 1 per cent.
Shares of Bajaj Electricals gained 3 per cent after the company bagged an order worth Rs 565 crore from South Bihar Power Distribution Company.
Besides, Kansai Nerolac Paints shares gained over 1 per cent after the company acquired 40 per cent stake in Nerofix from Polygel.
Rupee opens at one month high
INR opens at 81.77/$ vs Friday’s close at 81.97/$
global signal
Asian shares edged higher on Monday, while bond markets held their breath ahead of an update on the US rate outlook from the world’s most powerful central banker, and a jobs report that could determine whether the next hike will be super-sized. needed or not.
Tokyo stocks opened higher on Monday tracking Wall Street’s rallies, which were partly helped by a decline in Treasury bond yields. The benchmark Nikkei 225 index was up 0.91 percent, or 253.70 points, at 28,181.17 in early trade, while the broader Topix index added 0.66. percent, or 13.35 points, to 2,032.87.
Wall Street rallied on Friday to end a volatile week, as US Treasury yields edged lower and economic data helped investors watch for a growing likelihood that the Federal Reserve will have to keep its restrictive policy in place through the end of the year. .
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