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Share Market LIVE Updates: Sensex Ends 1,223 Points Higher, Nifty Near 16,350. Reliance Gains Over 4 Per Cent
Share Market LIVE Updates: Stay tuned to this LIVE blog for the latest updates on the share market and the day's proceedings from Dalal Street.
Updated: March 9, 2022 4:24 PM IST 
New Delhi: Sensex rose nearly 400 points in early trade on Wednesday. Nifty50 crossed 16,100. Tech Mahinda and Sun Pharma were the top gainers as of 9:30 AM. Earlier, SGX Nifty had signalled a flat start for the Indian share market on Wednesday. The US last night announced that they will stop importing oil from Russia. This is expected to have a strong impact on the share markets today. Also, the rising food and oil prices have kept investors on the edge.
On Tuesday, however, the share market snapped its falling streak and ended over 500 points in the green. Nifty recovered 16,000 levels backed by IT and Pharma stocks. Metals stock, however, performed poorly.
Follow our LIVE blog for all the latest updates on the share market and the day’s proceedings from Dalal Street.
Live Updates
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Sensex ends 1,223 points higher. Nifty near 16,350.
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Sensex up 1,300 points!
Bajaj Finance rises over 5 per cent.
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IndusInd Bank, HDFC Bank shares rise!
-Gain over 2 per cent.
-SBI up over 1.8 per cent
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Auto, Realty Stocks Shine AT NSE!
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Sensex rises over 1,100 Points!
Mahindra & Mahindra, Reliance top gainers. Nifty above 16,300
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Kotak Institutional Equities suggest these 3 chemical stocks:
1) Aarti Industries
2) SRF
3) Vinati Organics
Report states that the companies having low dependence on crude oil are expected to pass the crisis without much impact on the revenues.
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Sensex makes steady gains
-Rises over 600 Points. Nifty nearing 16,200.
-Reliance, Mahindra & Mahindra top gainers. -
Government on Oil Prices (Source: ET):
Domestic prices not fully insulated from global fluctuations
Oil subsidy will take us to previous era -
Rupee rises 22 paise to 76.78 against US dollar
Indian rupee advanced 22 paise to 76.78 against the US dollar. The currency is supported by the weakness in the dollar and recovery in domestic equity markets. Sensex snapped its falling trend. It was up nearly 400 points on Wednesday.
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Aviation shares jump as international flights to restart after 2 years
IndiGo, SpiceJet shares rose as much as 8% and 5% in Wednesday’s early trade on the BSE as the government announced the resumption of international flights after two years for the first time since the start of the covid pandemic.
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