MARKET LIVE: Sensex surges 600pts, Nifty above 17,950; Tech M, Maruti up 2%

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Domestic equity markets edged higher in Monday's intra-day trade amid strong global cues and steady foreign flows.

Key indices Nifty50 climbed over 150 points to trade above 17,950 levels and the S&P BSE Sensex advanced over 600 points to hit a high of 60,606 levels.

The strength spilled across broader markets too, as Nifty MidCap 100 and Nifty SmallCap 100 surged up to 0.6 per cent.

Sectorally, Nifty IT and Nifty Auto indices were at the fore-front as they rose over 1 per cent each. Nifty Metal and Nifty PSU Bank, indices, however, slipped up to 0.3 per cent.

Among individual stocks, shares of Bandhan Bank slipped 10 per cent to hit 10-month low of Rs 244.55 per share, after the private sector lender reported a weak operational performance for Q2FY23. READ MORE

Besides, shares of Maruti Suzuki India climbed nearly 3 per cent to hit a fresh 52-week high of Rs 9,737.40, after the auto-maker reported a strong Q2FY23. READ MORE


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