The domestic key equity indices settled the session on a positive note, extending the gains of March 05. The NSE Nifty 50 rose more than 200 points or 0.93% to settle at 22,545, while the BSE Sensex rallied 610 points or 0.83% to finish at 74,340.
The rally on D-Street was led by metals and oil & gas stocks due to a fall in Brent crude oil prices, which fell below $70 a barrel. The Nifty Oil & Gas was the top gainer among the sectoral indices, gaining more than 2.5% to close at 10,045.85.
In line benchmark indices, the Nifty Bank surged 138 points or 0.28% to close at 48,628. The Nifty Midcap 100 inched up 178 points or 0.37% to close at 49,348.
Sectoral Index
In the broader markets, small- and mid-cap stocks closed the day on a positive note. The volatility index India VIX cooled down 0.40% to the 13.73 level.
This is a developing story, more details are being added. Please watch the space for updates
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