{"id":28571,"date":"2022-03-10T17:06:51","date_gmt":"2022-03-10T11:36:51","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-ld-stocks-75\/"},"modified":"2022-03-10T17:06:51","modified_gmt":"2022-03-10T11:36:51","slug":"biz-ld-stocks-75","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-ld-stocks-75\/","title":{"rendered":"Sensex rallies for 3rd day amid Asian rebound, state poll results"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-693880441\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p> Mumbai, Mar 10 (PTI) Equity benchmarks maintained their winning momentum for the third session running on Thursday, buoyed by a bullish trend in Asian markets and state election results being in line with expectations.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1259196990\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> A strengthening rupee added to the momentum despite uncertainties related to the Ukraine crisis, traders said.<\/p>\n<p> The 30-share BSE Sensex opened on a firm footing and zoomed over 1,500 points in intra-day trade, before paring some gains to end at 55,464.39, up 817.06 points or 1.50 per cent.<\/p>\n<p> Similarly, the broader NSE Nifty jumped 249.55 points or 1.53 per cent to close at 16,594.90.<\/p><div class=\"trade-content_5\" id=\"trade-4238989189\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> Hindustan Unilever Ltd hogged the limelight in the Sensex pack, surging  5.17 per cent, followed by Tata Steel, SBI, IndusInd Bank, Axis Bank, Bajaj Finserv, Nestle and Maruti Suzuki.<\/p>\n<p> Only three counters ended in the red &#8212; Tech Mahindra, Dr Reddy&#8217;s Laboratories and TCS, slipping up to 1.28 per cent.<\/p>\n<p> On the political front, the BJP raced towards a second straight win in politically crucial Uttar Pradesh and dominated the score chart in three other states &#8212; Uttarakhand, Manipur and Goa.<\/p>\n<p> The Aam Aadmi Party announced its national presence with a landslide victory in Punjab, while the Congress came a cropper.<\/p>\n<p> &#8220;With hopes of progress in high-level talks between Russia and Ukraine and a surge in the Asian market, the Indian market started with a strong gap-up. The outperformance was supported by positive state election results being in line with expectations.<\/p>\n<p> &#8220;However, a weak western market ahead of ECB and US CPI data and rise in crude prices added volatility in between,&#8221; said Vinod Nair, Head of Research at Geojit Financial Services.<\/p><div class=\"trade-content-10\" id=\"trade-2202362162\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> Mohit Nigam, Head &#8211; PMS, Hem Securities, said, &#8220;The market&#8217;s optimism has been fuelled by the prospect of a favourable outcome from the Russia-Ukraine talks. The BJP&#8217;s strong showing in the state elections encouraged the bullish mood even further.&#8221; \t In the broader market, the BSE smallcap and midcap indices jumped as much as 1.18 per cent.<\/p>\n<p> All BSE sectoral indices settled in the green, with FMCG, realty, metal and bank climbing up to 2.68 per cent.<\/p>\n<p> A total of 2,433 stocks advanced, while 929 declined and 98 remained unchanged on the BSE.<\/p>\n<p> Asian markets followed Wall Street higher as crude oil prices retreated from multi-year highs, while Russian and Ukrainian foreign ministers began talks in Turkey.<\/p>\n<p> However, European stock exchanges were trading lower in the afternoon session.<\/p>\n<p> Meanwhile, international oil benchmark Brent crude jumped 4.91 per cent to USD 116.6 a barrel.<\/p>\n<p> The rupee appreciated by 19 paise to close at 76.43 against the US dollar on Thursday, supported by positive domestic equities and trends in state election results.<\/p>\n<p> Foreign institutional investors continued their selling spree in Indian markets as they offloaded shares worth Rs 4,818.71 crore on a net basis on Wednesday, according to exchange data. PTI  SUM ABM ABM<\/p>\n<div class=\"trade-after-content\" id=\"trade-185785067\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Mumbai, Mar 10 (PTI) Equity benchmarks maintained their winning momentum for the third session running on Thursday, buoyed by a bullish trend in Asian markets and state election results being in line with expectations. A strengthening rupee added to the momentum despite uncertainties related to the Ukraine crisis, traders said. The 30-share BSE Sensex opened [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1698,31],"tags":[],"class_list":["post-28571","post","type-post","status-publish","format-standard","hentry","category-commodities","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sensex rallies for 3rd day amid Asian rebound, state poll results - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-ld-stocks-75\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sensex rallies for 3rd day amid Asian rebound, state poll results\" \/>\n<meta property=\"og:description\" content=\"Mumbai, Mar 10 (PTI) Equity benchmarks maintained their winning momentum for the third session running on Thursday, buoyed by a bullish trend in Asian markets and state election results being in line with expectations. A strengthening rupee added to the momentum despite uncertainties related to the Ukraine crisis, traders said. 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