Bullish trend continues, Sensex up 363 pts, Nifty above 22,450

The domestic equity market indices ended higher for the third consecutive session on Monday, led by high weightage financials and information technology stocks, and firm global markets. A moderation in a key US inflation reading also aided sentiment.At close, the Sensex was up 363.20 points or 0.49 percent at 74,014.55, and the Nifty was up 135.10 points or 0.61 percent at 22,462.00. About 3015 shares advanced, 572 shares declined, and 112 shares unchanged.
Tata Steel, JSW Steel, Adani Ports, Shriram Finance and Divis Labs were the top gainers on the Nifty, while losers included Eicher Motors, Titan Company, Bajaj Auto, LTIMindtree and Nestle.
On the sectoral front, except auto, all other sectoral indices ended in the green with metal, power, capital goods, healthcare, realty up 1-4 percent, while oil & gas, Information Technology, bank up 0.5 percent each. The BSE midcap index rose 1.6 percent and the smallcap index gained nearly 3 percent.
Rupee Close:
The Indian rupee fell by a slight 0.03% to close at 83.40 per U.S. dollar on Thursday, pressured by weak Asian peers and strong dollar demand from local companies.
India's currency and debt markets will be closed on Monday, April 1, for a holiday and will resume trading on Tuesday, April 2.The markets were also closed on Friday on account of Good Friday.
Trading Guide:
Market experts have recommended nine shares to buy today- Eicher Motors, Lupin, Bajaj Finserv, Canara Bank, Mishra Dhatu Nigam, Havells, NBCC, Century Textile, and Indiabulls Housing Finance.

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