Market bounces back, Sensex rises 336 points, Nifty around 22,150

The domestic equity market indices ended on a positive note on Thursday, amid buying across the sectors.At close, Sensex was up 335.39 points or 0.46 percent at 73,097.28 and Nifty was up 148.95 points or 0.68 percent at 22,146.65. Adani Enterprises, Adani Ports, Hero MotoCorp, Hindalco Industries and ONGC were the top gainers on the Nifty, while losers included Axis Bank, IndusInd Bank, Bajaj Finance, Tata Steel and JSW Steel.
On the sectoral front, except for bank, all other sectoral indices ended in the green with telecom, power, oil & gas added 3 percent each, while auto, capital goods, FMCG, Information Technology, healthcare and metal rose 1-2 percent.Broader indices outperformed the main indices with the BSE Midcap index rising 2.2 percent and Smallcap index gaining 3 percent.
Rupee Close:
On 14 Mar'24,the Indian rupee depreciated 5 paise to 82.86 against the US dollar in early trade on Thursday, tracking a negative trend in domestic equities.Forex traders said the strength of the American currency, foreign fund outflows, and elevated crude oil prices in the international market dented investors' sentiments.
Trading Guide:
Market experts have recommended five day trading stocks for today- ICICI Bank, SBI, Bajaj Finance, HAL, and HAL.

(Writer is a Finance Research Analyst, based in Gandhinagar, Gujarat)