Indian Stock Market News Today
The Indian stock market opened higher on March 29, 2022, following positive global cues. The BSE Sensex gained over 500 points to close above the 58,500 mark, while the NSE Nifty rose 150 points to settle at 17,450. Banking and IT stocks led the rally, with heavyweights like HDFC Bank, Infosys, and TCS contributing significantly.
Market breadth was positive, with advances outpacing declines on both exchanges. Foreign institutional investors continued to pour money into Indian equities, supporting the uptrend. On the macroeconomic front, crude oil prices remained volatile, but investor sentiment was buoyed by hopes of a resolution in the Russia-Ukraine conflict.
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