Markets end bullish; Auto, realty and financial sectors outperform

9 Mar 2022 , 03:35 PM

Domestic benchmark indices end on bullish note on Wednesday led by broader positive markets. The stock market logged stellar performance today tracking global cues where news report that President Volodymyr Zelensky is no longer pressing for NATO membership for Ukraine.

The Nifty and the Sensex settled at 16,345.35 higher by 331.90 points and 54,647.33 higher by 1,223 points respectively.

Nifty and Sensex increased over 2% with the broader markets outperforming the main indices with Nifty Midcap and Nifty Smallcap increasing by 2% each.

All sectoral indices ended in green followed by auto (+3%), Banking (+2%), IT stocks except Nifty Metals declined marginally.

Asian Paints, Reliance, Bajaj Finance, IndusInd Bank and M&M gained the most whereas Shree Cements, ONGC, PowerGrid, NTPC and Coal India were the only losers on Nifty50.

Meanwhile, on the global front, the Euro and other European currencies edged up ahead of this week’s central bank meeting.