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Stock Market: Equity indices settle higher for third day in a row

Mumbai: The domestic benchmark indices settled higher for third day in a row. The signs of progress in Ukraine-Russia peace talks have supported the Indian equity indices.

BSE Sensex surged 740 points or 1.28%to close at 58,684.  NSE Nifty climbed 173 points or 1% to settle at 17,498. Nifty Midcap 100 index rose 0.85% and small-cap surged 0.97%. 11 out of the 15 sector gauges compiled by the National Stock Exchange ended higher.  The overall market breadth of BSE was positive as 2,118 shares advanced and1,284 declined.

Also Read; Forex Market: Indian rupee rises against US dollar 

The top gainers in the market were HDFC Life, HDFC, ICICI Bank, Bajaj Finance, Bajaj Finserv, Tata Consumer Products, Tata Coffee, M&M, Nestle India and PowerGrid. The top losers in the market were ITC, Tata Steel, Tech Mahindra, Bharti Airtel, Titan, Wipro, Oil and Natural Gas Corp (ONGC)  and IndusInd Bank.

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