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Stock market highlights on March 27: 
Reliance Industries closed 3.5 per cent higher, making up 58 per cent of Sensex gains after Goldman Sachs raised target price on the stock

Stock market, BSE

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		<strong>Stock market highlights on March 27, 2024: </strong>Equity benchmark indices rallied sharply to close Wednesday&#39;s session, lifted by sustained strength in index heavyweights like Reliance Industries, HDFC Bank and Maruti. The BSE Sensex ended 526 points up at 72,996 coming off a 669 pts intra-day rally. The NSE Nifty 50 jumped 119 points to close at 22,124.&nbsp;</div>
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		Reliance Industries closed 3.6 per cent higher, making up 58 per cent of Sensex gains after Goldman Sachs raised target price on the stock. <a href="https://www.business-standard.com/markets/news/reliance-jumps-2-as-goldman-sachs-expects-stock-to-leap-17-56-by-fy26-124032700262_1.html" target="_blank"><strong>Read</strong></a><br />
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		RIL was followed by Maruti, Bajaj Finance, Bajaj Auto, Titan, Kotak Bank, HDFC Bank, IndusInd Bank, M&M, Axis Bank and Larsen & Toubro, which rallied 0.9-2 per cent.<br />
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		On the other hand, Wipro, UPL, Hero Moto, Nestle India, TCS and Tata Motors were top largecap losers.<br />
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		The BSE MidCap index rose just 0.1 per cent, while the SmallCap index ended 0.7 per cent higher in the broader market.&nbsp;<br />
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		Among sectors, Nifty Realty gained most, up 0.85 per cent, while Nifty PSU Bank was the top loser that fell nearly 1 per cent. FMCG, IT and Pharma pockets were other underperformers, which closed in red.&nbsp;<br />
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		<strong>T+0 settlement kicks from Thursday, March 28</strong><br />
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			The BSE has named 25 stocks eligible for the T+0 settlement cycle starting Thursday. This comes after the regulator introduced a framework for the beta version of the T+0 trade settlement cycle on an optional basis earlier this month.</div>
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			Among the stocks eligible for the T+0 settlement cycle are Ambuja Cements, Ashok Leyland, Bajaj Auto, Bank of Baroda, and BPCL. <a href="https://www.business-standard.com/markets/news/bse-announces-25-stocks-eligible-for-t-0-settlement-cycle-from-thursday-124032700502_1.html" target="_blank"><strong>Read here</strong></a></div>
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Stock market highlights on March 27: 
Reliance Industries closed 3.5 per cent higher, making up 58 per cent of Sensex gains after Goldman Sachs raised target price on the stock

Sensex zooms 526 pts, Nifty ends at 22,124 as Reliance, Maruti drive rally

Business Standard

Sensex zooms 526 pts, Nifty ends at 22,124 as Reliance, Maruti drive rally | News on Markets - Business Standard

Tech call: Nifty below 20-DMA; S H Kelkar, Vidhi Specialty can rally 13-15%

Nifty closed on a weak wicket as its closed below its 5, 11 and 20 DMA. In the derivatives, we have seen aggressive Call writing at 22,200-22,300 levels. <a href="https://www.business-standard.com/markets/news/tech-call-nifty-below-20-dma-s-h-kelkar-vidhi-specialty-can-rally-13-15-124032700078_1.html?1711501976" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="NSE, national stock exchange, nifty50" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-02/25/full/1614199664-3584.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="NSE, national stock exchange, nifty50" width="620" /></div>

ALERT:: US 10-year bond yield steady around 4.239%

Panic selling may ensue if Nifty Bank falls below 46,536: How to trade?

If Nifty Bank breaches 46,536, the immediate next support levels are expected to be around 46,225 and 45,675. <a href="https://www.business-standard.com/markets/news/panic-selling-may-ensue-if-nifty-bank-falls-below-46-536-how-to-trade-124032700080_1.html?1711502393" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="markets, stocks, stock call, buy, sell, trading ideas, buy sell ideas" class="imgCont" src="https://bsmedia.business-standard.com/_media/bs/img/misc/2020-12/17/full/markets-stocks-stock-call-buy-sell-trading-ideas-buy-sell-ideas-1608188262-02312620.jpg" style="border: 1px solid rgb(221, 221, 221); margin-right: 10px; padding: 1px; float: left; z-index: 0; width: 600px; height: 449px;" title="markets, stocks, stock call, buy, sell, trading ideas, buy sell ideas" /></div>
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Commodity ALERT:: Gold futures consolidate around $2,175 levels

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	<img align="left" alt="chart" class="imgCont" height="224" src="https://bsmedia.business-standard.com/_media/bs/img/article/2024-03/27/full/1711506478-4363.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="619" />
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		Source: Investing.com</div>
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US Market Update:: Dow, Nasdaq end lower amid late sell-off

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	<img align="left" alt="chart" class="imgCont" height="284" src="https://bsmedia.business-standard.com/_media/bs/img/article/2024-03/27/full/1711506290-1987.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="chart" width="619" />
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		Source: Yahoo Finance</div>
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	Welcome to Business Standard&#39;s LIVE stock market blog.</div>
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	Track all the latest, markets&#39; related updates here.<br />
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BSE Smallcap Heatmap:: Nuvama Wealth, IIFL shine; NACL, Aster DM whine

BSE Midcap Heatmap:: NHPC, Max Health gain over 3%; REC, IREDA dip 3%

Broader Market Check:: MidCaps underperform, SmallCaps outrun

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Nifty 50 Gainers:: Reliance jumps 3.5%; Maruti, Bajaj-Auto surge over 2%

CLOSING BELL:: S&P BSE Sensex ends 526 points higher at 72,996

NBFC stock hits 10% upper circuit after tanking 50% in last 17 trading days

Shares of IIFL Finance were locked in 10 per cent upper circuit at Rs 353.50 on the BSE on Wednesday. This came after heavy volume trades, with only buyers seen at the counter. The stock of non-banking finance company (NBFC) has bounced back 13 per cent from its 52-week low of Rs 313.25 touched in intra-day trade today. <a href="https://www.business-standard.com/markets/news/this-stock-froze-in-10-upper-circuit-after-tanking-50-in-17-trading-days-124032700469_1.html?1711527159" target="_blank"><strong>Read</strong><br />
<img alt="IIFL Finance" src="https://bsmedia.business-standard.com/_media/bs/img/article/2023-10/18/full/1697641159-094.jpg?im=FeatureCrop,size=(826,465)" style="height: 338px; width: 600px;" /></a>

Maruti Suzuki market cap crosses Rs 4 trillion; stock jumps 4%

Maruti Suzuki India (MSIL) became the first automobile firm to touch Rs 4 trillion market capitalisation (market cap), as the stock price of the company hit a new high of Rs 12,724.95 on rallying 4 per cent on the BSE in Wednesday&#39;s intra-day trade. <a href="https://www.business-standard.com/markets/news/maruti-suzuki-market-cap-crosses-rs-4-trillion-stock-jumps-4-124032700391_1.html?1711523607" target="_blank"><strong>Read</strong><br />
<img alt="Sensex, Nifty, stock brokers" src="https://bsmedia.business-standard.com/_media/bs/img/article/2023-04/05/full/1680686226-6079.jpg?im=FeatureCrop,size=(826,465)" style="height: 338px; width: 600px;" /></a>

IIFL, Geojit: Brokerage stocks tank up to 40% in 2 mths; Time for pullback?

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	Shares of brokerage firms have witnessed a sharp sell-off in the last two months, having declined up to 40 per cent, even as the benchmark indices gained 2 per cent.&nbsp;</div>
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	Will the beaten down stocks witness some pullback or is more pain in store?&nbsp;<a href="https://www.business-standard.com/markets/news/brokerage-stocks-tank-up-to-40-in-2-months-time-for-pullback-hint-charts-124032700373_1.html?1711522711" target="_blank"><strong>Check what charts suggest</strong><br />
	<img alt="markets, stock market, sensex, correction, nifty, shares, growth, profit, economy, gain" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-03/01/full/1614541329-3408.jpg?im=FeatureCrop,size=(826,465)" style="height: 338px; width: 600px;" /></a></div>

Torrent Power up 7%, hits 52 week high on lower spot LNG prices

Shares of power generation company Torrent Power surged up to 7 per cent at Rs 1,512 on Wednesday&rsquo;s intraday trade on BSE. However, giving up the early gains the stock was trading at Rs 1,440 up 2.28 per cent at 12:15 PM. In comparison the S&amp;P BSE was up by 0.76 per cent. <a href="https://www.business-standard.com/markets/news/torrent-power-up-7-hits-52-week-high-on-lower-spot-lng-prices-124032700419_1.html?1711525226" target="_blank"><strong>Read</strong><br />
<img alt="Torrent Power" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-03/04/full/1614858690-2169.jpg?im=FeatureCrop,size=(826,465)" style="height: 338px; width: 600px;" /></a>

Delta Corp hits over 3-year low; stock tanks 55% from 52-week high

Shares of Delta Corp hit an over three-year low at Rs 116.50, down 1 per cent on the BSE in Wednesday&#39;s intra-day trade in an otherwise firm market on earnings worries. In comparison, the S&amp;P BSE Sensex was up 0.8 per cent at 73,027 at 11:04 am. <a href="https://www.business-standard.com/markets/news/delta-corp-hits-over-3-year-low-stock-tanks-55-from-52-week-high-124032700348_1.html?1711523211" target="_blank"><strong>Read</strong><br />
<img alt="bulls, bears, markets, sensex" src="https://bsmedia.business-standard.com/_media/bs/img/article/2019-08/14/full/1565725350-5826.jpg?im=FeatureCrop,size=(826,465)" style="height: 338px; width: 600px;" /></a>

Reliance jumps 3% as Goldman Sachs sees up to 56% upside in stock by FY26

Shares of oil-to-telecom major Reliance Industries (RIL) jumped 3 per cent intra-day to Rs 2,979 on BSE in Wednesday&#39;s early deals after Goldman Sachs (GS) raised its target price on the stock, citing peaking capital expenditure (capex) in old businesses, favourable risk-reward and value accretion from the recent media joint venture with Disney. <a href="https://www.business-standard.com/markets/news/reliance-jumps-2-as-goldman-sachs-expects-stock-to-leap-17-56-by-fy26-124032700262_1.html?1711520469" target="_blank"><strong>Read</strong><br />
<img alt="Reliance Industries, RIL" src="https://bsmedia.business-standard.com/_media/bs/img/article/2023-10/16/full/1697473839-433.jpg?im=FeatureCrop,size=(826,465)" style="height: 338px; width: 600px;" /></a>

ABB India hits new high on strong outlook; surges 46% from Feb low

Shares of ABB India hit a new high of Rs 6,341, as they rallied 7 per cent on the BSE in Wednesday&rsquo;s intra-day trade on strong business outlook. The stock of the heavy electrical equipment company is quoting higher for the seventh straight trading day, surging 17 per cent during this period. <a href="https://www.business-standard.com/markets/news/abb-india-hits-new-high-on-strong-outlook-surges-46-from-feb-low-124032700241_1.html?1711520469" target="_blank"><strong>Read</strong><br />
<img alt="trading, market, stocks" src="https://bsmedia.business-standard.com/_media/bs/img/article/2024-03/14/full/1710356495-3611.jpg?im=FeatureCrop,size=(826,465)" style="height: 338px; width: 600px;" /></a>

Zomato, Nykaa: New-age stocks defy market fall; analysts see more upside

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	The carnage in the mid, and small-cap stocks has engulfed scores of stocks over the past one month. However, stocks of new-age companies such as Zomato, and Nykaa have largely bucked the trend, rallying up to 11 per cent during the period. <a href="https://www.business-standard.com/markets/news/zomato-nykaa-new-age-stocks-defy-market-fall-analysts-see-more-upside-124032700114_1.html?1711517880" target="_blank"><strong>Read</strong></a><br />
	<img alt="Zomato" src="https://bsmedia.business-standard.com/_media/bs/img/hp/home-page/2021-07/22/full/1626962492-8996.jpg?im=FeatureCrop,size=(826,465)" style="height: 338px; width: 600px;" /></div>

Aster DM, CDSL dip up to 7% after 10% equity changes hands via block deals

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	Shares of Aster DM Healthcare and Central Depository Services (India) (CDSL) slipped up to 7 per cent on the bourses in an otherwise firm market after huge block deals executed on these counters.<br />
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	Shares of CDSL were down 7 per cent at Rs 1,675 on the National Stock Exchange (NSE) in intra-day trade after over 10 per cent equity of the company changed hands. Around 10.7 million equity shares representing 10.23 per cent of total equity of CDSL changed hands on the NSE till 09:17 am; the exchange data shows. <a href="https://www.business-standard.com/markets/news/aster-dm-cdsl-dip-up-to-7-after-10-of-equity-change-hands-via-block-deal-124032700172_1.html?1711513250" target="_blank"><strong>Read</strong><br />
	<img alt="Stock broker, broker, trader, market, markets, stock markets, stock, market crash, market fall, loss" src="https://bsmedia.business-standard.com/_media/bs/img/misc/2020-12/23/full/stock-broker-broker-trader-market-markets-stock-markets-stock-market-crash-market-fall-loss-1608698286-82352620.jpg?im=FeatureCrop,size=(826,465)" style="height: 338px; width: 600px;" /></a></div>

UPL, JSW Steel, Tata Consumer top laggards

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BPCL, Adani Ports additional winners on Nifty

https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/17115117108695.jpg

Heatmap: Maruti, RIL leads gains on Sensex

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https://bsmedia.business-standard.com/_media/bs/img/live-blog/full/17115107274876.jpg

Currency Alert: Rupee depreciates 5 paise

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Business Standard Manthan: All roads lead to Bharat Mandapam today

Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal &amp; Railways and Telecom Minister Ashwini Vaishnaw among those who will discuss India&#39;s developed-nation roadmap at <em><strong>Business Standard</strong></em>. <a href="https://www.business-standard.com/specials/bs-events/business-standard-manthan-all-roads-lead-to-bharat-mandapam-on-wednesday-124032600949_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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<div style="float: left; max-width: 600px;">
	<img align="" alt="collage, sitharaman, piyush, ashwini" class="imgCont" src="https://bsmedia.business-standard.com/_media/bs/img/article/2024-03/26/full/1711475966-5104.jpg" style="border: 1px solid rgb(221, 221, 221); margin-right: 10px; padding: 1px; float: left; z-index: 0; width: 600px; height: 450px;" title="collage, sitharaman, piyush, ashwini" /></div>
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Stocks to watch on March 27: Aster DM, Adani Ports, CDSL, SpiceJet, L&T

Stocks to watch on March 27: SpiceJet on Tuesday said it had signed an agreement with aircraft lessor Export Development Canada (EDC) to settle liabilities worth Rs 755 crore. <a href="https://www.business-standard.com/markets/news/stocks-to-watch-on-march-27-aster-dm-adani-ports-cdsl-spicejet-l-t-124032700092_1.html?1711505602" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="stock market, markets, trading, nse, bse, sensex, nifty, rally, coronavirus, covid, lockdown" class="imgCont" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-01/29/full/1611860206-2995.jpg" style="border: 1px solid rgb(221, 221, 221); margin-right: 10px; padding: 1px; float: left; z-index: 0; width: 600px; height: 449px;" title="stock market, markets, trading, nse, bse, sensex, nifty, rally, coronavirus, covid, lockdown" /></div>

Strong outlook, robust domestic demand to support Cummins India stock

Genset manufacturer Cummins India has seen its share price rise by 45 per cent in the past three months. The management has reaffirmed that growth would be in double digits over the coming two fiscal years. <a href="https://www.business-standard.com/markets/stock-market-news/on-the-radar-for-bulls-strong-outlook-to-support-cummins-india-stock-124032600625_1.html?1711506639" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="Structural headwinds may lead to more downsides for Cummins India" class="imgCont" src="https://bsmedia.business-standard.com/_media/bs/img/article/2021-10/04/full/1633354406-0136.jpg" style="border: 1px solid rgb(221, 221, 221); margin-right: 10px; padding: 1px; float: left; z-index: 0; width: 600px; height: 449px;" title="Cummins India" /></div>
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Sensex zooms 526 pts, Nifty ends at 22,124 as Reliance, Maruti drive rally

Stock market highlights on March 27: Reliance Industries closed 3.6 per cent higher, making up 58 per cent of Sensex gains after Goldman Sachs raised target price on the stock

Tech call: Nifty below 20-DMA; S H Kelkar, Vidhi Specialty can rally 13-15%

ALERT:: US 10-year bond yield steady around 4.239%

Panic selling may ensue if Nifty Bank falls below 46,536: How to trade?

Commodity ALERT:: Gold futures consolidate around $2,175 levels

US Market Update:: Dow, Nasdaq end lower amid late sell-off

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