Market Rebounds,Nifty Above 22,100, Sensex Gains 526 Pts

Ira Singh
Khabar Khabaron Ki,27 Mar’24

The domestic share market indices ended Wednesday’s session on a positive note led by energy stocks following a dip in crude oil prices. Meanwhile,IT stocks staged a rebound, adding to gains. Global market setup remained mixed, capping further upside.At close, the Sensex was up 526.01 points or 0.73 percent at 72,996.31, and the Nifty was up 118.95 points or 0.54 percent at 22,123.65. About 1564 shares advanced, 2130 shares declined, and 104 shares unchanged.

Reliance Industries, Maruti Suzuki, Bajaj Auto, Bajaj Finance and Titan Company were the biggest gainers on the Nifty,while losers included Hero MotoCorp, Tata Consumer Products, Apollo Hospitals, Dr Reddy’s Labs and Wipro.

On the sectoral front, auto, bank, capital goods, power, realty, telecom up 0.5-1 percent, while metal, IT, media down 0.3-0.5 percent.BSE Midcap index ended on a flat note and Smallcap index rose 0.7 percent.

Rupee Close:
On 27 Mar’24,the Indian rupee ended 8 paise lower at 83.37against the U.S. dollar in early trade on Wednesday, as the support from positive domestic equities was negated by strong American currency.

Forex traders said elevated crude oil prices in the international market dented investors’ sentiments.

Trading Guide:
Market experts have recommended nine day trading stocks for today — LT, Finolex Industries , Bharti Airtel, Amber Enterprises, TVS Motor, IRFC, Bharat Dynamics, EIH, and Zydus Lifesciences.