Sensex Ends 1,736 Pts Higher, Nifty Reclaims 17,350 As Market
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Market At Close | Sensex, Nifty50 recover previous day’s losses as Russia-Ukraine tensions ease
Here are some highlights:
–Sharp recovery in 2nd half of day helps headline indices finish day near intraday highs
–Nifty Bank up 1,262 points at 38,170
–Midcap index up 817 points at 29,375
–All sectoral indices in green
–Volatility index falls 10 percent
–Economy-facing shares (such as banking, cement, capital goods) see major intraday recovery
–Positive commentary on demand leads to gain in auto stocks
–Auto stocks Bajaj Auto, TVS, Maruti Suzuki, Eicher, Tata Motors gain 3-7 percent
–Weak Q3 leads to fall of 11 percent in Manappuram Finance
–Metropolis continues to fall, down 20 percent in two sessions
–NMDC falls 2 percent after sharp fall in SGX iron ore prices
–BSE-listed companies regain nearly 80 percent of mcap lost on Monday; mcap up Rs 6.5 lakh crore on Tuesday
–Market breadth favours bulls; advance-decline ratio at 2:1
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