Sensex sprints 1,736 pts, Nifty tops 17,350 amid Russia-Ukraine peace hope

Some troops in Russia's military districts adjacent to Ukraine are returning to their bases after completing drills, Russia's defence ministry was quoted as saying

CLOSING BELL

Benchmark indices recouped all the losses incurred yesterday, and were back in the green for the year, as reports of withdrawal of Russian troops from Ukranian border soothed investor nerves. Crude oil prices also dropped around 3 per cent in the later half of the session, providing further comfort to equity investors.

Against this backdrop, the BSE Sensex index climbed 1,736 points, or 3,08 per cent, to end at 58,142 levels, off mildly from the day's high level of 58,211.

On the NSE, the Nifty50 reclaimed the 17,350-mark and closed at 17,352, up 510 points or 30.03 per