Share Market Highlights: Nifty settles above 18000, Sensex up marginally; Bank Nifty, Auto falls, TechM, Nestle rise

    16:02 (IST) 16 Feb 2023

    Sensex, Nifty absorbed buoyancy in global market

    “The domestic market absorbed the buoyancy in the global market, led by IT stocks, while upstream oil companies gained as a result of the slash in windfall tax. After robust jobs data, strong retail sales numbers in the US showed proof of resilience in the US economy amidst concerns over elevated inflation numbers. However, the gains were capped by worries that a stronger economy would attract a tighter monetary policy.” – Vinod Nair, Head of Research at Geojit Financial Services.

    15:39 (IST) 16 Feb 2023

    Nifty, Sensex end in green

    The BSE Sensex rose 44.42 pts or 0.07% to 61,319.51 and NSE Nifty 50 advanced 20.00 pts or  0.11% to 18,035.85.

    15:14 (IST) 16 Feb 2023

    Asian markets conclude in green

    Asian markets concluded Thursday’s session mostly in green. Japan’s Nikkei 225 rose 194.58 pts or 0.71% to 27,696.44, Hong Kong’s Hang Seng climbed 175.50 or 0.84% to 20,987.67 and South Korea’s KOSPI advanced 47.58 pts or 1.96% to 2,475.48 while China’s Shanghai Composite index fell 31.46 pts or 0.96% to 3,249.03.

    09:22 (IST) 16 Feb 2023

    Sensex, Nifty open in green

    The BSE Sensex rose 315.41 pts or 0.51% to 61,590.50 and NSE Nifty 50 rose 84.85 pts or 0.47% to 18,100.70.

    08:27 (IST) 16 Feb 2023

    US market concludes higher

    The US equity market ended the overnight session in the green territory with Dow Jones Industrial Average rising 38.78 pts or 0.11% to 34,128.05, S&P 500 was up 11.47 pts or 0.28% to 4,147.60 and the tech-heavy Nasdaq composite index climbed 110.45 or 0.92% to 12,070.59.

    08:26 (IST) 16 Feb 2023

    Asian markets trade in green

    Asian markets were trading in green with China’s Shanghai Composite index rising 13.10 pts or 0.40% to 3,294.81, Japan’s Nikkei 225 climbed 193.30 or 0.70% to 27,695.16, Hong Kong’s Hang Seng surged 332 pts or 1.60% to 21,144.17 and South Korea’s KOSPI advanced 40.49 pts or 1.69% to 2,468.44.

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