MARKET LIVE: Sensex down 350pts from excessive, up marginally; Nifty beneath 18100

Key indices Nifty50 climbed over 100 factors to commerce above 18,150 ranges and the S&P BSE Sensex superior over 500 factors to reclaim 61,000-mark after a spot of 9 months.
Broader markets, too, jumped in tandem as Nifty MidCap 100 and Nifty SmallCap 100 indices surged as much as 0.3 per cent. Volatility gauge, India VIX, in the meantime, rose over 1 per cent.
All sectors swimmed within the sea of inexperienced, with Nifty PSU Bank and Nifty Pharma indices rising as much as 1 per cent.

Among particular person shares, shares of Canara Bank gained 2.5 per cent to hit over three-year excessive of Rs 297.35 per share, after the general public sector lender reported a powerful set of numbers for Q2FY23. READ MORE

Besides, shares of Axis Bank slipped 2.4 per cent to Rs 883.80 after over 1 per cent fairness of the non-public sector lender modified arms by way of block deal. READ MORE