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Stock Market Today: Sensex Gains Most In A Week; Nifty Ends Above 17,100

Stock Market Today: Sensex Gains Most In A Week; Nifty Ends Above 17,100
A bronze bull statue stands at the entrance to the Bombay Stock Exchange (BSE) building in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)
3 years ago
The S&P BSE Sensex Index closed up 446 points or 0.77% at 58,074.68 while the NSE Nifty 50 Index was 119 points or 0.70% higher at 17,107.50.

The broader market indices were trading higher; S&P BSE MidCap was up 0.29% whereas S&P BSE SmallCap was higher by 0.41%.

Fifteen out of the 20 sectors compiled by BSE advanced, whereas five sectors declined in trade.

The market breadth was skewed in the favour of the buyers. About 1,934 stocks rose 1,376 declined, and 152 remained unchanged on the BSE.

  • Riddhi Bhimani and A. Siddharth have been appointed as independent directors with effect from March 21.

  • The term of their appointments as independent directors will be for a period of five consecutive years, subject to the approval of shareholders.

  • A. Siddharth stepped down as a non-independent director of the company from March 20, 2022.

  • Source: Exchange Filing

The broader market indices were trading higher; S&P BSE MidCap was up 0.26% whereas S&P BSE SmallCap was higher by 0.51%.

Seventeen out of the 20 sectors compiled by BSE advanced, whereas S&P BSE Fast Moving Consumer Goods, S&P BSE Information Technology and S&P BSE Teck declined in trade.

The market breadth was skewed in the favour of the buyers. About 1,684 stocks rose 669 declined, and 112 remained unchanged on the BSE.

Source: BSE

At pre-open, the S&P BSE Sensex Index was up 334 points or 0.58% at 57,963.25 while the NSE Nifty 50 Index was 72 points or 0.42% higher at 17,060.40.

Source: Bloomberg

The local currency strengthens by 10 paise to open 82.54 against the greenback on Tuesday. It closed at 82.64 on Monday.

Source: Bloomberg

  • Windfall tax on crude petroleum has been reduced to Rs 3,500 per tonne from Rs 4,400.

  • The additional excise duty on the export of diesel has been increased to Rs 1 per litre from Rs 0.50 per litre.

  • Source: Gazette notification

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