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		<img align="" alt="BSE, stock market, Sensex" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-12/28/full/1640654158-0038.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="BSE, stock market, Sensex" width="620">
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		Photo: Bloomberg</div></div>

Closing Bell: Hindalco (up over 7 per cent), Tata Steel, Power Grid, JSW Steel, Coal India, BPCL, Titan Company, RIL, and Indian Oil Corporation were the biggest large-cap gainers on the bourses today

BSE, stock market, Sensex

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	<b>CLOSING BELL</b><br />
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		Key benchmark indices defied the weak global market trend and turned sharply higher on Monday as Russia and Ukraine began talks at Belarus border. Despite the ongoing conflict between the two countries, headline S&P BSE Sensex and the Nifty50 gained 0.7 per cent each supported by buying in metal, IT, Realty, and PSB stocks.&nbsp;</div>
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		The BSE 30-pack index had fallen over 1,000 points in the early morning deals, but recovered smartly to rise nearly 1,500 points from the day&#39;s low. It eventually settled the day at 56,247, up 389 points.</div>
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		On the NSE, the Nifty50 index had hit a low of 16,356 in morning deals, but closed the day at 16,794, up 135 points from Friday&#39;s close.<br />
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		<strong>ALSO READ |&nbsp;<a href="https://www.business-standard.com/article/markets/war-markets-sharp-recovery-post-a-steep-fall-history-does-suggest-so-122022800295_1.html" target="_blank">War & markets: Sharp recovery post a steep fall? History does suggest so</a></strong></div>
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		Hindalco (up over 7 per cent), Tata Steel, Power Grid, JSW Steel, Coal India, BPCL, Titan Company, RIL, and Indian Oil Corporation were the biggest large-cap gainers on the bourses today.</div>
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		Metal counters led from the front as sanctions against Russia raised possibility of supply disruptions of aluminium and gas, which will push up prices. Russia produces about 6 per cent of the world&#39;s aluminium and accounts for about 7 per cent of global nickel mine supplies. <a href="https://www.business-standard.com/article/markets/nifty-metal-index-surges-3-in-subdued-market-hindalco-at-record-high-122022800498_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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		On the downside, losses in HDFC Life, Dr Reddy&#39;s Labs, Axis Bank, HDFc Bank, M&M, Eicher Motors, HDFC, Tata Motors, and Hero MotoCorp kept gains in check.<br />
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		<strong>ALSO READ |&nbsp;<a href="https://www.business-standard.com/article/international/russia-s-central-bank-raises-rate-to-help-ruble-amid-western-sanctions-122022800574_1.html?1646043190" target="_blank">Russia&#39;s Central Bank raises rate to help ruble amid Western sanctions</a></strong></div>
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		Meanwhile, in the broader market, the BSE MidCap and SmallCap indices added 0.8 per cent each.</div>
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		Among individual stocks, Natco Pharma, Jindal Steel, BEL, Crisil, SAIL, Future Enterprises, Vadilal Industries, UTI AMC, and Shankara Industries soared up to 17 per cent.</div>
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		On the sectoral front, apart from the Nifty Metal index, which closed nearly 5 per cent higher, the Nifty Oil and gas index (up 2.6 per cent), IT index (up 1 per cent), and the Nifty FMCG index (up 0.6 per cent) were the other star performers. On the flipside, the Nifty Auto and Bank indices were the worst hit, down 0.7 per cent each.<br />
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		<strong>ALSO READ |&nbsp;<a href="https://www.business-standard.com/article/international/oil-prices-soar-as-western-sanctions-and-pressures-on-russia-mount-122022800790_1.html?1646043283" target="_blank">Oil prices soar as Western sanctions and pressures on Russia mount</a></strong></div>
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		<strong>Global markets</strong></div>
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		European stocks were sharply lower on Monday as global markets track developments in the Russia-Ukraine crisis. The pan-European Stoxx 600 dropped 1.7 per cent in early trade, with banks plunging 5.7 per cent. Meanwhile, futures linked to the US main stock indices were down over 1 per cent each.</div>
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		Earlier in Asia, Japan&#39;s Nikkei closed 0.19 per cent higher, South Korea&#39;s Kospi added 0.8 per cent, while Hang Seng slipped 0.24 per cent.</div>
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Sensex ends 1,414 pts off low, gains 389 pts; Tata Steel rises 6%, RIL 3%

Business Standard

Sensex ends 1,414 pts off low, gains 389 pts; Tata Steel rises 6%, RIL 3% | News on Markets - Business Standard

ALERT | Bank of China's Singapore division stops financing deals involving Russian oil & companies

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		BREAKING: Reuters reports that the Bank of China&#39;s Singapore division has &#39;stopped financing deals involving Russian oil and Russian companies&#39;</p>
	&mdash; The Spectator Index (@spectatorindex) <a href="https://twitter.com/spectatorindex/status/1498127761382477826?ref_src=twsrc%5Etfw">February 28, 2022</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Rupee ends higher against US dollar on Friday at 75.3

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	<img align="left" alt="chart" class="imgCont" height="251" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-02/28/full/1646017913-3106.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="541" />
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		source: bloomberg</div>
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Oil prices firm up again; Brent Crude at $101 per barrel-mark

Oil prices on Friday had cooled off a bit with Crude closing at $97.9 a barrel-mark<br />
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	<img align="left" alt="chart" class="imgCont" height="170" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-02/28/full/1646017476-6553.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="315" />
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		source: oilprice.com</div>
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US stock futures sharply lower despite Russia-Ukraine likely talks today

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	<img align="left" alt="chart" class="imgCont" height="118" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-02/28/full/1646017055-4899.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="502" />
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		source: yahoo.com</div>
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SGX Nifty slips into negative zone after Russia puts nuclear establishment on alert

Likely flat start for markets today as per indications by the SGX Nifty.<br />
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	<img align="left" alt="chart" class="imgCont" height="145" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-02/28/full/1646016671-4406.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="359" />
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European indices also logged gains on Friday amid Russia-Ukraine crisis

<em>Source: Reuters</em><br />
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	<img align="left" alt="chart" class="imgCont" height="200" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-02/28/full/1646016256-9343.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="601" />
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US markets ended higher on Friday as West imposes new sanctions on Russia

<em>Source: Reuters</em><br />
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	<img align="left" alt="chart" class="imgCont" height="301" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-02/28/full/1646016124-2635.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="586" />
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Asian shares slip into red, South Korea's Kospi outperforms

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	<img align="left" alt="chart" class="imgCont" height="141" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-02/28/full/1646015895-8655.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="599" />
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		source: yahoo.com</div>
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