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MARKET LIVE: Sensex in green, up 200 pts, Nifty atop 16500; L&T gains 3%

The broader markets also turned positive. The BSE MidCap and SmallCap indices were up to 0.2 per cent higher. 

Within sectors, Nifty pharma advanced the most, up over 1 per cent. All other pockets also sat in green, barring auto, metals and consumer durables that were weak.

Among stocks, Shoppers Stop surged over 10 per cent after the company was back in black in Q1Fy23, reporting a consolidated net profit of Rs 22.83 crore vs a net loss of Rs 104.89 crore a year ago. 

Sanofi India fell 3 per cent. Is Q1 sales declined 11.38 per cent to Rs 699.30 crore, and net profit fell 32.5 per cent to Rs 120.40 crore from  a year-ago. 

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