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HomeNewsIndian NewsSensex Surges: Bulls Lead Market Rally, Nifty Breaks Through 22,100 Barrier.

Sensex Surges: Bulls Lead Market Rally, Nifty Breaks Through 22,100 Barrier.

Sensex and the Nifty saw significant gains for RIL, Maruti Suzuki, Bajaj Auto, Bajaj Finance, and Titan Company, while losses were recorded for Hero MotoCorp, Tata Consumer Products, Apollo Hospitals, Dr Reddy’s Labs, and Wipro..

The market rebounded on March 27, with the Sensex up 0.73% and the Nifty up 0.54%. The market’s gains were attributed to a narrowed Current Account Deficit of $10.5 billion in the third quarter and buying in heavyweights, despite mixed global cues.

The Nifty saw significant gains for Reliance Industries, Maruti Suzuki, Bajaj Auto, Bajaj Finance, and Titan Company, while losses included Hero MotoCorp, Tata Consumer Products, Apollo Hospitals, Dr Reddy’s Labs, and Wipro.

Sectors and stocks

The BSE midcap index ended on a flat note and the smallcap index gained 0.7 percent.

The BSE midcap index ended flat, while the smallcap index gained 0.7%. Zee entertainment, Tata Chemicals, and Biocon experienced a volume spike of over 200 percent, while ABB India, Info Edge, and Metropolis Healthcare experienced a long build-up.

ABB India, Arvind Smart, Bajaj Auto, Bharat Bijlee, CG Power, Cummins India, Dixon Technologies, Info Edge, Mankind Pharma, Maruti Suzuki, Oracle Financial Services, Rico Auto, Sanghvi Movers, Siemens, Star Cement, Thermax, Time Technoplast, Torrent Power, Voltamp Transformers.

March 28 Forecast

Indian equities began the session strong, with Realty and Energy leading the way. However, the Index weakened towards the end of the day, ending at 22,123.65. Sector-wise, Midcaps underperformed, while Smallcaps gained over 0.90% and outperformed Nifty50.

The Index formed an Inverted Head & Shoulder formation, awaiting a breakout for the target of 22,640, while 21,900 will continue as a strong support. PSU Banks and IT were the laggards.

FII Bought 2,170.32 Cr
DII Bought 1,197.61 Cr
as per last trading session

Indian Market Stocks

Sensex526.01+0.73%72,996.31
Nifty 50118.95+0.54%22,123.65
Nifty Bank185.75+0.40%46,785.95
as per closing Bell

Market Movers

Reliance100.50 3.49%Hero Motocorp-104.95 -2.25%
Maruti Suzuki299.95 2.45%Coal India-8.75 -2.01%
Bajaj Auto197.45 2.20%ONGC-4.85 -1.83%
Titan Company69.00 1.87%TATA Cons. Prod-19.55 -1.76%
Bajaj Finance52.30 1.45%Apollo Hospital-101.40 -1.60
as per closing Bell

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Sensex Sensex Sensex

Sensex After four weeks of increases, Sensex and Nifty fell 2% for the first time After four weeks of increases, Sensex and Nifty fell 2% for the first time

The Nifty has experienced a decline, closing the day around 160 points lower. The daily charts show no follow-through buying interest after a breakout, and selling pressure at higher levels could lead to a slipping back into the consolidation zone. The Bollinger bands are contracting, indicating a range contraction. The Bank Nifty has not maintained positive momentum, and it could slip towards the 46900-46800 range. The overall trend is bullish, with an intermediate corrective phase in progress. Short-term weakness could lead to a decline towards the 22200-22250 range.

The Nifty has experienced a decline, closing the day around 160 points lower. The daily charts show no follow-through buying interest after a breakout, and selling pressure at higher levels could lead to a slipping back into the consolidation zone. The Bollinger bands are contracting, indicating a range contraction. The Bank Nifty has not maintained positive momentum, and it could slip towards the 46900-46800 range. The overall trend is bullish, with an intermediate corrective phase in progress. Short-term weakness could lead to a decline towards the 22200-22250 range.

Red Alert Red Alert Red Alert Red Alert Red Alert Red Alert Red Alert Red Alert

Record High Record High Record High Record High Record High Record HighrRRecord HighRecord Highecord Highockets

Market Rally Halts Market Rally Halts Market Rally Halts Market Rally Halts

stor Alarm

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