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Taking Stock | Sensex gains 350 points, Nifty above 17,300 on positive global cues

Eicher Motors, Divi’s Labs, JSW Steel, HDFC and Adani Ports were among the top Nifty gainers, while Hero MotoCorp, ONGC, Coal India, IOC and ITC saw the biggest fall

March 29, 2022 / 04:23 PM IST

Indian shares ended higher for the second consecutive session on March 29 on positive global cues following reports of peace talks between Russia and Ukraine and a fall in crude prices.

At close, the Sensex was up 350.16 points, or 0.61 percent, at 57,943.65 and the Nifty was up 103.30 points, or 0.60 percent, at 17,325.30.

"Reports of peace talks between Russia and Ukraine along with weakening crude prices helped the global markets to trade firm. Gains in the Asian markets were led by Japanese shares as the Bank of Japan maintained its ultra-loose monetary policy in order to control rising yields," said Vinod Nair, Head of Research at Geojit Financial Services.

Crude prices settled following the prospects of peace talks and on the expectation of lower demand from the Chinese market due to increased Covid restrictions, he added.

IndexPricesChangeChange%
Sensex60,663.79377.75 +0.63%
Nifty 5017,871.70150.20 +0.85%
Nifty Bank41,537.6546.70 +0.11%
Nifty 50 17,871.70 150.20 (0.85%)
Wed, Feb 08, 2023
Biggest GainerPricesChangeChange%
Adani Enterpris2,164.25361.30 +20.04%
Biggest LoserPricesChangeChange%
Power Grid Corp212.00-4.85 -2.24%
Best SectorPricesChangeChange%
Nifty Metal5975.15217.80 +3.78%
Worst SectorPricesChangeChange%
Nifty FMCG45771.6013.50 +0.03%