Market LIVE: Sensex rises 300 pts; Nifty above 16,100; IT stocks lead

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Live market updates: Amid mixed global cues, the domestic benchmark indices extended gains into a second session on Wednesday as investors continued to assess the impact of the Russia-Ukraine crisis. The rose 200 points to 53,648 while the climbed 76 points to 16,088.

gains were led by Titan, IndusInd Bank, Infosys, HCL Tech, Sun Pharma, Tech M, Dr Reddy’s, upto 1.7 per cent higher. On the Nifty, Adani Ports, UPL and BPCL were the additonal gainers. 

On the other hand, Asian Paints, PowerGrid, Kotak Bank, ICICI Bank, Nestle, JSW Steel, meanwhile, were the top losers on the bourses, down up to 1 per cent. 

In the broader markets, the MidCap and SmallCap indices were in the positive territory, up 0.9 per cent and 1 per cent higher, respectively. 

Sectorally, Banks and Metals were the sole losers, down 0.3 per cent and 0.5 per cent, respectively. While, Auto, IT, Pharma, and Realty were leading gains, trading up to 1 per cent up 

Among stocks, Trident was trading over 3 per cent higher as India Ratings has upgraded its long-term credit rating to IND AA with a positive outlook. 



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