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–Nifty ends above 16,600, Sensex rallies 1300 pts; all sectoral indices higher:

–Rupee weakens, RBI intervention seen.

Infosys launches meta-verse foundry to help clients adapt to emerging market trends
HDFC twins, TCS, ICICI Bank, RIL boost Sensex
Gold climbs as investors assess impact of Ukraine crisis
Oil prices extend gains on supply concerns: Reuters
Nifty Metal surges over 5%
Apollo Hospitals surges; stock to replace IOC in Nifty
European stocks rebound from Ukraine selloff.
US Futures extend losses, Dow Futures now down more than 300 points: agencies.
Rouble climbs off record low, Russian stocks soar as central bank eyed: Reuters

Stock market : A day after being hammered following Russia’s invasion of Ukraine, India equity markets surged on Friday, with benchmarks Sensex and Nifty rising more than 2% each.  Market closing: A day after having been hammered, Indian stocks surged on Friday. Globally too, equities rose after the US decided against imposing the stiffest of sanctions on Russia over its Ukraine invasion. All sectoral indices, broader markets ended higher, India VIX fell 16%

Investors appear relieved that sanctions against Russia were not as severe as they might have been, even as Ukraine’s president pleaded for international help to fend off an attack that could topple his democratically elected government, cause massive casualties and ripple out damage to the global economy.

Nifty ends above 16,600, Sensex rallies 1300 pts; all sectors, broader markets higher

After seven consecutive days of decline, Indian equities rallied on Friday, rising over 2% each, as Western sanctions on Russia, following its attack on Ukraine, stopped short of the harshest measures.

Global equities advanced Friday but US futures were lower as Russian troops pressed toward the capital of Ukraine.

Market benchmarks rose in London, Paris, Tokyo and Shanghai but fell in Hong Kong. Russian shares gained 15%, rebounding after a nosedive on Thursday as the invasion of Ukraine began.

Back home, the Sensex rose 1,328.61 points, or 2.4%, to end the day at 55,858.52, while Nifty climbed 410.40 points to 16,658.40.

On the Nifty, Coal India, Tata Motors, Tata Steel, Adani Ports and IndusInd Bank were the top gainers, while Britannia Industries, Nestle India and Hindustan Unilever Ltd. were the worst hit.

All sectoral indices ended higher, with PSU Bank, power, metal and realty indices up 4-6%. Midcaps and Smallcaps rose 4% each.

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