Stock Market Today: Sensex, Nifty Advance For A Third Day Led By Infosys, ITC; FPIs Remain Net Sellers
Sensex was closed 152 points, or 0.23%, at 65,780.26, while Nifty was 46 points, or 0.24%, higher at 19,574.90.

KEY HIGHLIGHTS
- Oldest First
FPIs Remain Net Sellers
Overseas investors remained net sellers of Indian equities on Tuesday for the second consecutive session.
Foreign portfolio investors offloaded stocks worth Rs 1,725 crore, according to provisional data from the National Stock Exchange.
Domestic institutional investors remained net buyers and mopped up equities worth Rs 1,078 crore, the NSE data showed.
Foreign institutions have been net buyers of Rs 1,35,948 crore worth of Indian equities so far in 2023, according to data from the National Securities Depository Ltd., updated till the previous trading day.
Sensex, Nifty Rise For A Third Day: Market Wrap
India's benchmark stock indices steadily advanced on Tuesday to end higher for the third consecutive session. Sensex was ended above 65,700 mark, while Nifty was beyond 19,500 level.
Media and pharmaceutical sectors advanced, whereas banks and non-banking financial services were under pressure. Nifty IT and Nifty Media hit 17-month high intraday, whereas Nifty metal hit a fresh record. Broader markets outperformed and the larger peers and Nifty Midcap 100 and Nifty Smallcap 100 scaled a record closing high.
The S&P BSE Sensex was closed 152 points, or 0.23%, at 65,780.26, while the NSE Nifty 50 was 46 points, or 0.24%, higher at 19,574.90.
European stocks followed Asian equities lower as disappointing data from China renewed concern over the nation’s fragile economic recovery. The Stoxx 600 dropped 0.7%, edging lower for the fifth day, and futures on U.S. equities declined.
Stocks were little changed in South Korea after inflation accelerated much faster than estimates in August on the back of higher energy costs, reinforcing the case for the central bank to keep the door open to further policy tightening to rein in prices. Shares advanced in Japan and volatile in Australia. Hong Kong’s Hang Seng index declined over 2%.
Indian Tobacco Company Ltd., Infosys Ltd., Reliance Industries Ltd., Larsen & Toubro Ltd., and Sun Pharmaceutical Industries Ltd. were positively adding to the change in the Nifty 50 Index.
Whereas, HDFC Bank Ltd., UltraTech Cement Ltd., Maruti Suzuki India Ltd., State Bank Of India, and Dr Reddy's Laboratories Ltd. were negatively contributing to the change.
The broader market indices outperformed larger peers; the S&P BSE MidCap Index was up 1.09%, whereas S&P BSE SmallCap Index was also 0.61% higher.
Sixteen the 20 sectors compiled by BSE advanced, while four declined. S&P BSE Energy, S&P BSE Healthcare and S&P BSE Realty rose the most.
The market breadth was skewed in the favour of the buyers. About 2,235 stocks rose, 1,317 declined, while 146 remained unchanged on the BSE.
Jupiter Wagons Approves QIP For Raising Rs 700 Crore
Approves raising Rs 700 crore via QIP.
Source: Exchange filing