Sensex gains 1,047 points, Nifty reaches near 17,300 points
What's the story
The market on March 17 closed with an uptrend movement as the Sensex soared 1.78% to 57,848.27 points while the Nifty gained 1.86% to 17,297.6 points.
Mimicking the broader market trend, the midcap indices also showed positive signals with the Nifty Midcap 50 gaining 113.25 points or 1.41% to close at 8,010.35 points.
Here's all you need to know about Thursday's market report.
Round-up
Who were the biggest gainers on Thursday?
On Wednesday, Nifty REALTY, NIFTY FIN SERVICE, and NIFTY ENERGY emerged as the top-performing sectors, rising 3.01%, 2.6%, and 2.21%, respectively.
Furthermore, HDFC, Titan Company, and JSW Steel emerged as the top-performing stocks, edging up 5.36%, 4.59%, and 4.39%, respectively.
Meanwhile, Infosys, Cipla, and IOC were trading among the top stock losers on Wednesday, shedding 1.05%, 0.86%, and 0.49%, respectively.
Commodities
Gold climbs by 0.82% to close at Rs. 51,565
The Indian rupee (INR) appreciated by 0.59% to close at Rs. 75.81 against the US Dollar in the forex trade.
Prices of both gold and silver futures witnessed a surge. While the former soared 0.82% to Rs. 51,565, the latter jumped 1.62% to Rs. 68,391.
Coming to the crude oil futures, the prices soared 2.82% to settle at $98.96 per barrel.
Information
Here is a look at the global markets
Moving on to Asian markets, the Shanghai Composite Index plummeted 1.4% to 3,215.04 points, while the Nikkei too plunged 3.46% to 26,652.89 points on Thursday. However, the Hang Seng Index climbed 7.04% to 21,501.23 points.