CLOSING BELL: The S&P BSE Sensex gained 732 points from the day's low, while the Nifty 50 jumped 218 points in intra-day trades, partly on account of short-covering owing to the monthly F&O expiry.

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	<strong>STOCK MARKET HIGHLIGHTS</strong></div>
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	After languishing in the negative zone for the major part of the trading sessions, the key benchmark indices rebounded and ended near the highs of the day led by gains in select banks and metal shares.&nbsp;</div>
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	The S&P BSE Sensex slipped to a low of 60,479 in morning deals, mirroring the weak cues from global peers. However, renewed buying interest, coupled with short-covering owing to the monthly F&O expiry saw the BSE benchmark rally to a high of 61,211 in late deals &ndash; up 732 points from the day&rsquo;s low.</div>
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	The Sensex finally ended with a gain of 224 points at 61,134.</div>
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	The NSE Nifty 50 surged a high at 18,211, from a low of 17,993, and eventually settled 69 points higher at 18,191.&nbsp;</div>
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	<strong>Also read: <a href="https://www.business-standard.com/article/markets/sensex-nifty-set-to-gain-for-seventh-straight-year-smallcaps-underperform-122122900314_1.html" target="_blank">Sensex, Nifty set to gain for seventh straight year; smallcaps underperform</a></strong></div>
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	Among the Sensex 30 shares, Bharti Airtel and SBI rallied over 2 per cent each. Axis Bank, Tata Steel, ICICI Bank, IndusInd Bank and Sun Pharma were the other prominent gainers. On the other hand, Tata Motors and Titan slipped over a per cent each.</div>
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	The broader markets, however, finished on a mixed note. The BSE Midcap index was down 0.1 per cent, while the Smallcap index added 0.3 per cent. The overall market breadth was marginally positive, with nearly 1,900 shares advancing versus nearly 1,600 declining stocks on the BSE.<br />
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	<strong>Watch Video:&nbsp;<a href="https://www.business-standard.com/the-morning-show/video/markets-insights/what-will-guide-stock-markets-in-2023-1956.htm" target="_blank">What will guide stock markets in 2023?</a></strong><br />
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		Sectorally, the BSE Bankex moved up nearly a per cent. The Metal and Energy indices were also up over a per cent each, while the Consumer Durables and Capital Goods indices declined around 0.5 per cent each.</div>
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		<strong>New Listing</strong></div>
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		KFin Technologies debuted on the bourses on a quiet note. The stock after opening at Rs 369 on the BSE as against the issue price of Rs 366 per share, dipped to a low of Rs 351, before finally settling at Rs 365. <a href="https://www.business-standard.com/article/markets/kfin-technologies-makes-listless-debut-slips-over-2-from-issue-price-122122900288_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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		In the broader markets, Shriram Finance tanked 5 per cent after additional 174 million shares were listed for trading on the bourses, pursuant to composite scheme of arrangement and amalgamation (scheme) involving various Shriram group companies. <a href="https://www.business-standard.com/article/markets/shriram-finance-slips-7-as-additional-174-mn-shares-are-listed-on-bourses-122122900242_1.html?1672288687" target="_blank"><strong>READ MORE</strong></a></div>
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Sensex jumps 224 pts on late buying, Nifty nears 18,200; SBI, Airtel shine

Business Standard

Sensex jumps 224 pts on late buying, Nifty nears 18,200; SBI, Airtel shine | News on Markets - Business Standard

Asian markets inch lower in line with Wall St losses

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US benchmark indices drop over 1% each Wednesday

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