Stock Market Today: Solid start ! Nifty surges over 17100, Sensex climbs over 500 points

Stock Market Today: The SGX NIFTY is up by 17100 points right now. Nikkei is currently trading at roughly 27,193.70 and has gained about 0.67 percent. The Strait Times reports a 0.55 percent gain at the same time. The market price in Taiwan is 15,384.65, up 1.07 percent. Whereas Hangseng is now trading up 1.19 percent at a level of 19,436.52. The Kospi is trading higher by 0.70 percent at the same moment. The Shanghai Composite is also up 0.67 percent at a level of 3,248.74 at the same time.

Shares coming under F&O ban on NSE

On the NSE as of March 17, just two stocks are prohibited: Indiabulls Home Finance and GNFC F&O. Let us inform you that if a position in a stock exceeds its market-wide position limit, it will be placed in the ban category for the F&O segment.

FIls-DIls figures

Foreign institutional investors sold shares in the cash market on Thursday for a total of Rs 282 crore. Institutional domestic investors purchased shares for Rs 2,051 crore at the same time. So far this month, Flls have made net purchases worth Rs 8,174 crore. Whereas DIIs have made net purchases totaling Rs 14,345 crore.

Stock Market Today: Global signals good for the market

For the market, global indications are favourable. Markets in Asia are showing strength. Trading on the SGX Nifty is up 125 POINTS. Yesterday, the US stock markets increased by as much as 2.5 percent. With relief for First Republic Bank, the US market saw a surge. 11 banks have discussed providing $3 billion in aid.

Stock Market Today: From yesterday

Even in the face of extreme volatility and range-bound trading, the market continued to move in the favourable direction. The benchmark indices posted an upward closing price Wednesday, snapping a run of five straight days of losses. Yesterday, the Sensex gained 79 points to settle at 57635. Nifty closed at 16986 level with a gain of 13.4 points at the same time. The market was underpinned by purchases of FMCG, certain banking and financial, auto, and pharmaceutical stocks.

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