Market Highlights: Sensex ends 327 pts higher and Nifty 50 near 18,200; Pharma stocks underperform

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Market at Close | Sensex and Nifty end the first session of 2023 in green

— Frontline indices rise up to one percent

— Midcap outperformance keeps market breadth in favour of advances

— Sensex rises 327 points to 61,168 and Nifty 92 points to 18,197

— Nifty Bank gains 217 points to 43,203 and Midcap index 277 points to 31,786

— Brokerage upgrade lifts metal names, Tata Steel up six percent, Hindalco rises three percent

— Reliance, ICICI, Infosys and HDFC are top Nifty contributors

— Bajaj Auto slips one percent after reporting December sales below expectations

— MCX slides six percent after company announces extension to 63 moons tech deal for six months

— NCC surges nine percent following order wins of Rs 3,601 crore in December

— REC and PFC hit 52-week highs with healthy volumes, stocks up 4-6 percent

— Ashok Leyland rises four percent as company reports healthy sales for December

— NSE advance-decline ratio is at 2:1

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