CLOSING BELL: Dr Reddy's Labs (up nearly 5 per cent) was the top Nifty gainer today, followed by Coal India, Hindalco, Cipla, NTPC, JSW Steel, Tech M, and RIL

Market LIVE: Sensex, Nifty hold marginal losses; Dr Reddy's up 5%, RIL 1%

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	<b>CLOSING BELL</b><br />
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		Benchmark indices whipsawed in trade on Thursday, the day of weekly F&O expiry, as geopolitical tensions between Ukraine and Russia remained unabated. Besides, Brent crude prices above $120 per barrel also added to investor woes.&nbsp;</div>
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		The frontline S&P BSE Sensex gyrated 690 points intra-day before settling at 57,596, down 89 points or 0.15 per cent. The Nifty50, on the other hand, ended at 17,223, down 23 points or 0.13 per cent. The 50-share index had touched an intra-day high and low of 17,292 and 17,091, respectively.&nbsp;</div>
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		Dr Reddy&#39;s Labs (up nearly 5 per cent) was the top Nifty gainer today, followed by Coal India, Hindalco, Cipla, NTPC, JSW Steel, Tech M, and RIL. On the downside, Kotak Bank, HDFC Bank, Titan, ICICI Bank, HDFC, Maruti Suzuki, Divis Labs, BPCL, Tata Consumer Products, BPCL, and M&M slipped between 1 per cent and 3 per cent, keeping a lid on the upside.</div>
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		The broader markets, on the contrary, held their ground and outperformed the headline indices. The BSE MidCap and SmallCap indices added up to 0.3 per cent amid gains in Zee Entertainment, Mindtree, Jindal Steel, Mphasis, Glenmark Pharma, Suven Pharma, Ganesh Housing, Future Retail, and Dish TV.</div>
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		Among the lot, shares of <strong>Zee Entertainment Enterprises</strong> (Zee) surged 20 per cent to Rs 307 on the BSE in Thursday&#39;s trade after the company&#39;s largest shareholder, Invesco, decided to withdraw its EGM requisition notice, which sought removal of Managing Director and Chief Executive Officer (MD & CEO) Punit Goenka from the board of ZEE. <a href="https://www.business-standard.com/article/markets/zee-surges-15-as-invesco-withdraws-egm-notice-for-punit-goenka-s-removal-122032400224_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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		Meanwhile, those of <strong>Suven Pharmaceuticals</strong> hit a record high of Rs 617, rallying 5 per cent on the BSE in Thursday&#39;s intra-day trade. The shares of the company have surged 18 per cent in the last three days on expectations of strong earnings. <a href="https://www.business-standard.com/article/markets/suven-pharma-rallies-18-in-three-days-stock-hits-record-high-122032400319_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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		That apart, those of<strong> Paytm</strong> jumped 13.5 per cent to Rs 595 apiece on the BSE in the intra-day trade on the back of heavy volumes.</div>
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		Among sectors, the Nifty Bank and Private Bank indices declined nearly 2 per cent each, followed by the the Nifty Consumer Durable index, down 1.6 per cent. On the upside, the Nifty Media and Metal indices rose 6 per cent and 1.5 per cent, respectively.&nbsp;</div>
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		<strong>Global markets</strong></div>
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		European stocks were slightly higher on Thursday with regional investors keeping a close eye on developments in Ukraine, and key meetings of NATO, EU and G-7 leaders in Brussels. The pan-European Stoxx 600 and Germany&#39;s DAX added 0.3 per cent each in early trade, while France&#39;s CAC40 was up 0.5 per cent.</div>
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		On Wall Street, Nasdaq Comsposite Futures gained 0.7 per cent, while Dow Jones and S&P500 Futures rallied 0.4 per cent and 0.6 per cent, respectively.</div>
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		Earlier in Asia, indices ended mixed with Japan&#39;s Nikkei up 0.25 per cent and South Korea&#39;s Kospi down 0.2 per cent. Hong Kong&#39;s Hang Seng also dipped about 1 per cent today.</div>
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Sensex gyrates 690 pts, ends 89 pts down; metal, pharma rally, banks slide

Business Standard

Sensex gyrates 690 pts, ends 89 pts down; metal, pharma rally, banks slide | News on Markets - Business Standard

Pre-open session: Over 500 points downfall for Sensex

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/16480931027291.png

Pre-open session: Nifty 50 slips in red, below 17,100 levels

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/1648093048433.png

Stocks to watch out: Zee Entertainment, Ruchi Soya, Zomato, ICICI Bank, Colgate

Shares of Zee Entertainment will be in focus as Invesco has decided not to pursue an extraordinary general meeting (EGM) to add six independent directors on Zee&#39;s board. <a href="https://www.business-standard.com/article/markets/stocks-to-watch-zee-entertainment-ruchi-soya-zomato-icici-bank-colgate-122032400163_1.html" target="_blank"><strong>Read more</strong></a><br />
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	<img align="" alt="stocks, share markets, bse, nse" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-01/21/full/1642788003-1225.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="stocks, share markets, bse, nse" width="620" /></div>
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NEWS ALERT: Google News blocked in Russia

<blockquote class="twitter-tweet">
	<p dir="ltr" lang="en">
		BREAKING: Russia blocks Google News</p>
	&mdash; The Spectator Index (@spectatorindex) <a href="https://twitter.com/spectatorindex/status/1506833514016419850?ref_src=twsrc%5Etfw">March 24, 2022</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

DIIs pullout for second day: DIIs sell shares worth Rs 294 crores on Wednesday

FII inflows for second day: Buy shares worth Rs 481 crores on Wednesday

<div style="float: left; max-width: 600px;">
	<img align="" alt="credit, lending, loans, support, fiscal stimulus, money" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-05/31/full/1622403560-1673.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="credit, lending, loans, support, fiscal stimulus, money" width="620" />
	<div style="float: left; clear: both; font-style:italic; padding: 10px 10px 10px 0px; width:620px;">
		Illustration: Ajay mohanty</div>
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Stock ALERT: Sun Pharma to settle dispute of Ranbaxy drugs with payment of $485 million

Sun Pharma signs settlement agreement with plaintiff groups for Ranbaxy drugs; to make payment of $485 million to settle the dispute. <a href="https://www.bseindia.com/xml-data/corpfiling/AttachLive/f407ac90-e15c-4238-8425-5551d2aeb477.pdf" rel="nofollow" target="_blank"><strong>Check exchange filing</strong></a><br />
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	<img align="" alt="pharma" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-10/08/full/1633636355-5548.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="pharma" width="620" /></div>
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Rupee closes 12 paise lower against USD on Wednesday

<div style="float: left;">
	<img align="left" alt="chart" class="imgCont" height="253" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-03/24/full/1648091647-4643.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="527" />
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		chart</div>
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NEWS UPDATE: Indraprastha Gas hikes PNG prices in Delhi by Rs 1

<blockquote class="twitter-tweet">
	<p dir="ltr" lang="en">
		Indraprastha Gas Limited (IGL) has hiked the price of domestic piped natural gas (PNG) in Delhi by Rs 1 per standard cubic meter (SCM) to Rs 36.61 per unit. The new price will come into effect from today, March 24. <a href="https://t.co/Swl1otUWWO">pic.twitter.com/Swl1otUWWO</a></p>
	&mdash; ANI (@ANI) <a href="https://twitter.com/ANI/status/1506816633008197633?ref_src=twsrc%5Etfw">March 24, 2022</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

US stock futures largely flat after losses on Wall Street Wednesday

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	<img align="left" alt="chart" class="imgCont" height="95" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-03/24/full/1648091172-0215.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="516" />
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		source: finance.yahoo.com</div>
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Market swings throw Indian firms' 2022 listing plans off track

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	The sustained market volatility and delay in the maiden share sale of Life Insurance Corporation of India have derailed plans of companies wanting to go public. Those that have received Sebi&rsquo;s nod for their initial public offerings (IPOs) may now file their final prospectus with the regulator based on March financials, which are likely to get finalised and audited only by the end of May. <a href="https://www.business-standard.com/article/markets/market-swings-throw-indian-firms-2022-listing-plans-off-track-122032301461_1.html" target="_blank"><strong>Read here</strong></a><br />
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	<div style="float: left; max-width: 600px;">
		<img align="" alt="IPOs to watch out for once the primary market starts buzzing" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-03/13/full/1647188707-0339.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="ipo" width="620" /></div>
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SGX Nifty futures down 60 points; Nifty may open around 17,200

<div style="float: left;">
	<img align="left" alt="chart" class="imgCont" height="393" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-03/24/full/1648090713-8741.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="628" />
	<div style="float: left; clear: both; font-style:italic; padding: 10px 10px 10px 0px; width:628px;">
		source: investing.com</div>
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Oil climb unabated: Brent Crude at $123 per barrel, WTI near $116

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	<img align="left" alt="chart" class="imgCont" height="158" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-03/24/full/1648090467-535.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="310" />
	<div style="float: left; clear: both; font-style:italic; padding: 10px 10px 10px 0px; width:310px;">
		source:oilprice.com</div>
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Asian indices slip tracking high oil prices, US market losses

<div style="float: left;">
	<img align="left" alt="chart" class="imgCont" height="144" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-03/24/full/1648090245-2103.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="494" />
	<div style="float: left; clear: both; font-style:italic; padding: 10px 10px 10px 0px; width:494px;">
		Source: Yahoo.com</div>
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European markets end in red Wednesday ahead of NATO members meet

<div style="float: left;">
	<img align="left" alt="chart" class="imgCont" height="172" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-03/24/full/1648090090-3079.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="497" />
	<div style="float: left; clear: both; font-style:italic; padding: 10px 10px 10px 0px; width:497px;">
		Source: Yahoo.com</div>
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