CLOSING BELL: Hindalco tumbled 5 per cent, followed by Divis Labs, Apollo Hospitals, RIL, Wipro, Eicher Motors, Dr Reddy's Labs, and Cipla

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<b>CLOSING BELL</b><br />
Benchmark indices see-sawed in trade on Thursday as investors adjusted their positions ahead of the monthly F&O expiry. Besides, largely tepid global mood amid geopolitical and economic uncertainty after Russia&#39;s invasion of Ukraine kept gains in check.<br />
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	The S&P BSE Sensex started gap-up with gains of around 100-odd points, and extedned rally to hit a high of 58,891. However, selling in the second half of the session dragged the index to a low of 58,486. The index, eventually, closed at 58,568, down 115 points or 0.2 per cent.&nbsp;</div>
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	On the NSE, the Nifty50 gyrated between 17,560 and 17,435 before settling at 17,465, down 33 points or 0.2 per cent.&nbsp;</div>
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	The BSE MidCap and SmallCap indices, meanwhile, outperformed the frontline indices and closed 0.3 per cent higher each.</div>
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	From a sectoral view point, the NSE Pharma index slipped 1.3 per cent, followed by the Nifty PSU Bank index (down 0.8 per cent) and IT index (down 0.4 per cent).</div>
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	Among gainers, the Nifty FMCG index advanced 1.2 per cent, while the Nifty Private Bank and Realty indices added 0.3 per cent each.</div>
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	<strong>Gainers and losers</strong></div>
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	M&M, JSW Steel, Britannia, HUL, Axis Bank, Tata Consumer Products, ONGC, Hero MotoCorp, and IndusInd Bank were the leaders on the Nifty today, rallying upwards of a per cent each.</div>
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	On the flipside, Hindalco tumbled 5 per cent, followed by Divis Labs, Apollo Hospitals, RIL, Wipro, Eicher Motors, Dr Reddy&#39;s Labs, and Cipla.&nbsp;</div>
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	Within the broader market space, Adani Power, Tata Communications, HAL, Kansai Nerolac, Oil India Ltd, Edelweiss Financial Services, Shaily, and DFM Foods were the outperformers, soaring between 6 per cent and 15 per cent.</div>
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	<strong>Outlook FY23</strong></div>
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	The Indian stock markets have delivered remarkable gains in FY22. Both the S&P BSE Sensex and the Nifty 50 benchmarks soared 33 per cent each recording new historic peaks of 62,225.40 and 18,604.45, respectively.</div>
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	The indices continued to scale higher levels and carry over the bullish sentiment it secured in FY21. Although, the last quarter of FY22 did see some correction amid the Russia-Ukraine war and spike in crude oil prices, the underneath sentiment continues to favour the bulls. <a href="https://www.business-standard.com/article/markets/sensex-may-hit-67-000-nifty-to-hit-20-000-mark-in-fy23-foretell-charts-122033100567_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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	<strong>Global markets</strong></div>
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	European stocks were mixed on the last trading day of March, with the pan-European Stoxx 600 hovering fractionally below the flatline by mid-morning. On Wall Street, Dow Jones and S&P 500 Futures were flat while Nasdaq Futures were up 0.4 per cent.</div>
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	Among Asian indices, Hang Seng slipped 1 per cent, Japan&#39;s Nikkei ended 0.7 per cent down, and Australia&#39;s ASX200 eased 0.2 per cent. On the flipside, South Korea&#39;s Kospi added 0.4 per cent.&nbsp;</div>

RIL, HDFC Bk drag Sensex 115pts, Nifty holds 17,450; indices up 19% in FY22

Business Standard

RIL, HDFC Bk drag Sensex 115pts, Nifty holds 17,450; indices up 19% in FY22 | News on Markets - Business Standard

DIIs continue inflows: Bought shares worth Rs 1,216 crores Wednesday

FIIs buy for second day: Bought shares of Rs 1,357 crores Wednesday

Veranda Learning IPO subscribed 1.31 times on second day of offer

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	The initial public offering of Veranda Learning Solutions Limited was subscribed 1.31 times on the second day of the offer on Wednesday. The Rs 200-crore IPO received bids for 1,54,39,800 shares against 1,17,88,365 shares on offer, according to an update on the NSE. <a href="https://www.business-standard.com/article/markets/veranda-learning-ipo-subscribed-1-31-times-on-second-day-of-offer-122033001135_1.html" target="_blank"><strong>Read here</strong></a><br />
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		<img align="" alt="IPO" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-11/26/full/1637868359-4364.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="IPO" width="620" />
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Rupee closes marginally stronger vs USD on Wednesday

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	<img align="left" alt="chart" class="imgCont" height="250" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-03/31/full/1648696021-6412.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="538" />
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		source: bloomberg</div>
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US indices futures hold decent gains in trade

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	<img align="left" alt="chart" class="imgCont" height="101" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-03/31/full/1648695880-5238.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="522" />
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		source: finance.yahoo.com</div>
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Jio, Vodafone lose subscribers, Airtel gains in Jan, shows Trai data

Reliance Jio and Vodafone Idea reported a month on month fall in mobile subscribers while Bharti Airtel reported gains in January as per data released by Telecom Regulatory Authority of India on Wednesday. <a href="https://www.business-standard.com/article/companies/jio-vodafone-lose-subscribers-airtel-gains-in-jan-shows-trai-data-122033001340_1.html" target="_blank"><strong>Read more</strong></a><br />
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	<img align="" alt="Mobile tower, telecom sector, telecom tower" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-10/18/full/1634578107-4603.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="Mobile tower, telecom sector, telecom tower" width="620" /></div>
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SGX Nifty futures up 20-30 odd pts from previous close; hint at flat opening

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	<img align="left" alt="chart" class="imgCont" height="182" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-03/31/full/1648695417-1757.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="453" />
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		source: investing.com</div>
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Brent Crude slips 4% to $109/bbl as US may release 180 million barrels from reserves

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Major Asian indices lower in early trades tracking weak cues

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	<img align="left" alt="chart" class="imgCont" height="256" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-03/31/full/1648694937-5495.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="581" />
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		Source: Reuters</div>
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European indices too log losses on Wednesday amid stalled Russia-Ukraine talks

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	<img align="left" alt="chart" class="imgCont" height="139" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-03/31/full/1648694792-2901.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="492" />
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		source: finance.yahoo.com</div>
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US markets close lower Wednesday amid continued attacks on Ukrainian cities

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	<img align="left" alt="chart" class="imgCont" height="304" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-03/31/full/1648694604-481.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="585" />
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		source: Reuters</div>
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