MARKETS REBOUND ON POSITIVE GLOBAL CUES, BUYING IN RELIANCE
Business Standard|March 22, 2023
Nifty jumps over100 points to close past17,100
SUNDAR SETHURAMAN
MARKETS REBOUND ON POSITIVE GLOBAL CUES, BUYING IN RELIANCE

Indian equity benchmarks logged their best gains since March 3 in the midst of and a rally in financial stocks after a raft of global measures to fix the West's banking crisis provided reprieve for investors.

The benchmark S&P BSE Sensex rose 445 points to end the session at 58,074 - a gain of 0.7 per cent. The National Stock Exchange Nifty ended the session at 17,107 - a gain of 119 points, or 0.7 per cent. The stock of RIL rose 3 per cent on Tuesday. It was both the best-performing Sensex stock and contributed the most to index gains. The stock rose after the CLSA report called it a "bargain buy".

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