MARKET UPDATE:Sensex rose 320 points to 58,265, and Nifty climbed 86 points to 17,410 levels


Published On: Wednesday, March 30, 2022 | By:

MARKET UPDATE:Sensex rose 320 points to 58,265, and Nifty climbed 86 points to 17,410 levels

The Indian key benchmark indices started today's(30 March 2022) session as Russia said it will pull back troops from Ukraine's Kyiv and other northern areas. The BSE C Bharti Airtel, Bajaj Finance, Nestle, L&T, HDFC, Asian Paints, Maruti, Axis Bank, Ultratech Cement, and IndusInd Bank were the top Sensex winners, up to 1.4 percent higher. While, Tata Consumer, Tata Motors, and HeroMoto were the additional gainers on Nifty. On the downside, Tata Steel, Tech M, Sun Pharma, NTPC, ONGC, Hindalco, and JSW Steel were the top laggards on the bourses. The broader markets also opened firmly in green with the BSE MidCap and SmallCap indices gaining up to 0.9 percent.

Nifty Realty, and Auto were the sectoral winners, up 1.2 per cent each, followed by Nifty PSBs and Media. All sectoral indices were in green, barring Nifty Metals and Oil & Gas, down 1.6 per cent and 0.6 per cent, respectively.

Among individual stocks, Tata Consumer was up 4 per cent. The company on Tuesday announced reorganisation of its India and overseas businesses and also proposed to purchase of a 10.15 per cent minority interest in its UK subsidiary, TCP UK.

Motherson Sumi Wiring slipped 5 per cent after reports said company's 0.67 per cent equity changed hands on the exchanges.

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