CLOSING BELL: Besides, the Nifty Auto and Private Bank indices advanced 1.7 per cent each

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	<b>CLOSING BELL<br />
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	Stock market highlights:&nbsp;</b>Benchmark indices rose in-line with Asian equities on Tuesday amid a broad-based rally. The frontline S&P BSE Sensex surged 578.5 points, or 0.98 per cent, today to end at 59,720. The index hit an intra-day high of 60,106.</div>
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	The NSE Nifty50, meanwhile, gained 194 points, or 1.1 per cent, to settle at 17,816. The index&#39;s day high was 17,919. In the broader markets, the Nifty MidCap and SmallCap indices added up to 1.4 per cent.</div>
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	The broad-based rally was led by the Nifty Pharma index, which rose nearly 3 per cent today. Besides, the Nifty Auto and Private Bank indices advanced 1.7 per cent each. The Nifty PSU Bank index eked out the least gains as it edged 0.5 per cent higher.</div>
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	<strong>Market strategy :: Time to diversify?</strong></div>
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	Though the recent rally in domestic equities has turned the markets expensive relative to peers, analysts still suggest investors focus on Indian equity markets. <a href="https://www.business-standard.com/article/markets/time-to-diversify-to-global-equities-as-central-banks-frontload-rate-hikes-122092000186_1.html" target="_blank"><strong>READ MORE</strong></a></div>
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	<strong>Global cues</strong></div>
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	European markets were choppy on Tuesday, struggling to build on the previous session&rsquo;s broadly higher trade. The pan-European Stoxx 600 hovered marginally below the flatline in early trade, having given back opening gains of more than 0.9 per cent.</div>
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	In Asia, Nikkei, Kospi, ASX200, and Hang Seng indices rallied between 0.4 per cent and 1 per cent.&nbsp;</div>

STOCK MARKET LIVE: Sensex, Nifty, SGX Nifty, US Fed meet, Natco Pharma, Adani

Business Standard

STOCK MARKET LIVE: Sensex, Nifty, SGX Nifty, US Fed meet, Natco Pharma, Adani | News on Markets - Business Standard

OPENING BELL | Gap-up open for Sensex, rises over 500 pts

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PRE-OPEN SESSION | Nifty to open above 17,750

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PRE-OPEN SESSION | Sensex rises over 400 points

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CURRENCY ALERT | Rupee opens 8 paise stronger at 79.69/$

WATCH | Does new logistics policy make related-stocks a favorable bet?

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	Logistics stocks traded mixed on Monday after the govt announced National Logistics Policy. It aims to integrate and develop a technologically-enabled logistics ecosystem in India.</div>
<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="401" src="https://www.youtube.com/embed/SjWUn2yCbzM" title="Is it a good time to buy logistics stocks?" width="713"></iframe>

Stocks on radar: IRCTC, McLeod Russel, Sugar, Adani Ports, Gail, Dish TV

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	Stocks to Watch Today: Oil related shares are likely to be in focus on Tuesday as the oil ministry sought a review of the windfall profit tax on domestically produced crude oil. <a href="https://www.business-standard.com/article/markets/stocks-to-watch-irctc-mcleod-russel-natco-pharma-adani-ports-gail-india-dish-tv-yes-bank-hatsun-agro-122092000105_1.html" target="_blank"><strong>Read here</strong><br />
	<img alt="Markets, Stock market, sensex, stock market indices" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-09/12/full/1631463208-1967.jpg?im=Resize,width=640" /></a></div>

Sebi moots stricter framework for identifying FPI beneficial owners

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	Current threshold of 25% too high for certain categories of investors, fears the regulator. <a href="https://www.business-standard.com/article/markets/sebi-moots-stricter-framework-for-identifying-fpi-beneficial-owners-122091901030_1.html" target="_blank"><strong>Read more</strong><br />
	<img alt="Sebi (Photo: Bloomberg)" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-07/13/full/1657683767-3991.jpg?im=Resize,width=640" /></a></div>

Trading Strategies in Mc-Dowell, Mahindra & Mahindra by Mehul Kothari

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	According to the technical analyst from Anand Rathi, McDowell could rise to Rs 920, whereas Mahindra &amp; Mahindra can slip to Rs 1,220. <a href="https://www.business-standard.com/article/markets/trading-strategies-for-mc-dowell-mahindra-mahindra-by-mehul-kothari-122092000120_1.html?1663643981" target="_blank"><strong>Read here</strong><br />
	<img alt="Buy, Sell, markets, stocks, shares, investments, mutual funds, investors" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-04/13/full/1618336139-1053.jpg?im=Resize,width=640" /></a></div>

Gold prices flat after weakening to 29-month lows Monday

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Rupee closes 3 paise weaker at 79.77/$ Monday

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INFLATION ALERT | Japan's Aug CPI rises to 8-yr high of 3%

ASIA UPDATE | China keeps 1&5-year lending rates unchanged

<span style="font-family: Arial, Helvetica, sans-serif; font-size: small;">China kept its one-year and five-year loan prime rates (LPR) unchanged at 3.65 per cent and 4.3 per cent, respectively, after both these rates were cut last month.</span><br style="font-family: Arial, Helvetica, sans-serif; font-size: small;" />

COMMODITIES CHECK | Brent crude steady above $90 per barrel

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DIIs sell equities worth Rs 94 crore on September 19

FIIs buy equities worth Rs 312 crore on September 19

Broad-based rally lifts Sensex 578pts, Nifty above 17,800; pharma stks lead