CLOSING BELL: The winners included Indian Oil Corporation, Sun Pharma, Tata Consumer Products, TCS, Cipla, Shree Cement, NTPC, Tech M, Dr Reddy's Labs, Wipro, Ultratech Cement, and Infosys

Market LIVE: Sensex at day's high, up 550 pts; Nifty tops 16,000

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	<b>CLOSING BELL</b><br />
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		Bulls sprinted past the finish line in fag-end of the session as an across-the-board rally swept the markets. This came despite the global markets exhibiting a mixed trend on the bourses and commodity prices, including Brent crude futures, staying at elevated levels. Markets closed higher for the first time in five days.</div>
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		The S&P BSE Sensex index surged 1,163 points from the day&#39;s low of 52,261 to end at 53,424 levels. This was 581 points or 1.1 per cent higher than the index&#39;s previous close.&nbsp;</div>
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		On the NSE, the Nifty50 shut shop at 16,013, up 150 points or 0.95 per cent. The index had hit a low of 15,671 in the intra-day trade.</div>
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		About 24 of the 30 Sensex constituents and 37 of the 50 Nifty constituents ended the session with gains on Tuesday. The winners included Indian Oil Corporation, Sun Pharma, Tata Consumer Products, TCS, Cipla, Shree Cement, NTPC, Tech M, Dr Reddy&#39;s Labs, Wipro, Ultratech Cement, and Infosys. All these stocks were up in the range of 2-4.4 per cent.</div>
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		On the downside, Hindalco, ONGC, Tata Steel, JSW Steel, Britannia, Titan, and UPL slipped up to 4.5 per cent on profit booking.&nbsp;</div>
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		The broader markets, meanwhile, edned with solid gains and outperformed their large-cap peers. The BSE MidCap and SmallCap indices added 1.45 per cent and 1.33 per cent, respectively.</div>
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		Among individual shares, shares of city gas distribution (CGD) companies, <strong>Indraprastha Gas</strong> (IGL) and <strong>Mahanagar Gas </strong>(MGL), rallied up to 11 per cent in the intra-day trade on Tuesday amid reports of IGL announcing a hike in prices of compressed natural gas (CNG) in the Delhi-NCR region. The prices have been hiked by 50 paise per kilo in Delhi while Re 1 per kilo in the NCR region, as per reports. <a href="https://www.business-standard.com/article/markets/igl-surges-10-on-reports-of-cng-price-hike-mgl-rises-8-in-choppy-market-122030800434_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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		Shares of <strong>sugar companies</strong> were in demand and rallied up to 18 per cent on the BSE in Tuesday&#39;s intra-day trade on strong outlook. With a favourable mix of ethanol towards B-heavy/juice (feedstock) coupled with higher sugar realisations; operating margins of sugar companies are expected to improve. <a href="https://www.business-standard.com/article/markets/sugar-shares-in-demand-dhampur-dwarikesh-hit-all-time-highs-122030800371_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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		Shares of <strong>Natco Pharma</strong> rallied 9 per cent to Rs 920 on the BSE in Tuesday&rsquo;s intra-day trade after the company launched its first generic version of Revlimid (Lenalidomide capsules) in 5 mg, 10 mg, 15 mg, and 25 mg strengths in the US market. Natco, along with marketing partner Teva, has launching these strengths of lenalidomide. <a href="https://www.business-standard.com/article/markets/natco-pharma-gains-9-as-firm-launches-generic-version-of-revlimid-in-us-122030800233_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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		Among sectors, the Nifty Realty index advanced 3.25 per cent today, the Nifty PSB and IT index rose nearly 3 per cent each, and the Nifty Pharma index was up 2.4 per cent. On the flipside, the Nifty Metal index slipped 1.5 per cent.&nbsp;</div>
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		<strong>Global markets</strong></div>
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		Asian markets ended on a weak note on Tuesday with Japan&#39;s Nikkei sliding 1.7 per cent, South Korea&#39;s Kospi 1 per cent, and Hong Kong&#39;s hang Seng 1.4 per cent.&nbsp;</div>
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		European markets, however, were trading higher. Euro STOXX 600 index was up 0.8 per cent, Germany&#39;s DAX 1.2 per cent, France&#39;s CAC40 2 per cent. The UK&#39;s FTSE100 was down 0.02 per cent.</div>
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		Futures linked to the US&#39; main indices gained up to 0.1 per cent.</div>
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Sensex leaps 1,163 pts from the day's low, ends 581 pts up; Nifty tops 16K

Business Standard

Sensex leaps 1,163 pts from the day's low, ends 581 pts up; Nifty tops 16K | News on Markets - Business Standard

TCS gains over 2% as it plans Rs 18,000 cr buyback tomorrow

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L&T Technology, Tech Mahindra drive IT pack with over 1% gains

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Future Group stocks abuzz as conglomerate plans to convene meetings from April 20 over Reliance Retail deal

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Asian Paints down over 1% as Brent crude holds above $121/bbl

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Opening Bell: Broader markets in green; India Vix slumps over 2%

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Opening Bell: Banks, auto, metal stocks reeling under pressure

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Opening Bell: 17 BSE Sensex stocks open in green; Power stocks driving gains

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Opening Bell: Sensex down over 100 points, slips below 52,800

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Opening Bell: Nifty 50 opens above 15,800 levels

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Pre-open Session: 10 out of 30 index constituents sit in green

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Pre-open Session: Sensex tumbles over 400 points, slips below 52,500

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Pre-open Session: Volatile swings in market as Nifty 50 holds 15,700

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Stocks to Watch: Dish TV, Future Group, Dodla Dairy, Metro Brands, Natco

<a href="https://www.business-standard.com/article/markets/stocks-to-watch-dish-tv-future-group-dodla-dairy-metro-brands-natco-122030800176_1.html" target="_blank"><strong>Read here</strong></a> to check the stocks that may see market action today.<br />
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	<img align="" alt="funds, markets, companies, stocks" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-01/27/full/1643222810-447.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="funds, markets, companies, stocks" width="620" />
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		Illustration: Binay Sinha</div>
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Western ban on oil imports will double price to $300 a barrel: Russia

A Western ban on Russian oil imports may more than double the price to $300 a barrel and prompt the closure of the main gas pipeline to Germany, Moscow warned on Monday, as talks on Ukraine hardly advanced amid efforts to agree on civilian safe passage, Reuters reported. <a href="https://www.business-standard.com/article/international/western-ban-on-oil-imports-will-double-price-to-300-a-barrel-russia-122030800169_1.html" target="_blank"><strong>Read the full story.</strong></a><br />
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	<img align="" alt="oil" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-03/01/full/1646077633-4885.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="oil" width="620" /></div>
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NEWS ALERT :: Norway Wealth Fund puts Adani Ports on watch list

&gt;&gt;&nbsp;Norges Bank puts Adani Ports under observation on unacceptable risk that co contributes to or is responsible for violations of individuals&rsquo; rights in situations of war or conflict.<br />
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&gt;&gt; &lsquo;Decision based on recommendation from Council on Ethics of Nov 15, 2021&rsquo;<br />
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&gt;&gt;&nbsp;Alert: Adani Ports had earlier scrapped Myanmar Container Terminal plans<br />
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<em>Source: Agencies</em>