Closing Bell: Nifty at 22,150, Sensex gains 336 pts; banks underperform

Top gainers on the Nifty included Adani Enterprises, Adani Ports, Hero MotoCorp, Hindalco Industries and ONGC, while losers included Axis Bank, IndusInd Bank, Bajaj Finance, Tata Steel and JSW Steel

Taking Stock: Market back in green; Sensex rises 336 points, Nifty around 22,150

Broader indices outperformed the main indices with BSE Midcap index rose 2.2 percent and Smallcap index gained 3 percent

The benchmark indices ended on a positive note on March 14 and also erased some of the previous session losses with Nifty around 22,150 amid buying across the sectors.

The market wiped out opening losses and traded higher for the rest part of the session with Nifty crossing 22,200 intraday and Sensex also comfortably closing above the 73,000 mark.

At close, Sensex was up 335.39 points or 0.46 percent at 73,097.28 and Nifty was up 149 points or 0.68 percent at 22,146.70.

Top gainers on the Nifty included Adani Enterprises, Adani Ports, Hero MotoCorp, Hindalco Industries and ONGC, while losers included Axis Bank, IndusInd Bank, Bajaj Finance, Tata Steel and JSW Steel.

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.

A long build-up was seen in Birlasoft, Ipca Lab and Ambuja Cements, while a long build-up was seen in Axis Bank, NMDC and Bajaj Finance.

Source: Money Control