Sensex Closes 413 Points Higher, Nifty Ends At 11,570: 10 Things To Know

INSUBCONTINENT EXCLUSIVE:
The futures and options (FO) contracts for the month of March expired at the end of the session
Domestic stock markets finished more than 1 per cent higher amid buying across sectors on Thursday, a day marked with the expiry of monthly
derivatives contracts
The SP BSE Sensex closed 412.84 points, or 1.08 per cent, higher at 38,545.72 while the NSE Nifty settled at 11,570.00, up 124.95 points
from the previous close
Both the benchmark equity indexes logged their highest closing levels recorded in nearly seven months
Here are 10 things to know:Buying across the board, led by banking, consumer goods, information technology and media stocks,
pushed the benchmark indexes higher.Indiabulls Housing Finance, Zee Entertainment, HCL Tech, UPL, State Bank of India and ITC were among the
highest closing level since September 3
They have given the best return for derivatives settlement short-covering is helping in the last moment," said AK Prabhakar, head of
research, IDBI Capital.The futures and options (FO) contracts for the month of March expired at the end of the session.Seventeen of the 19
sector gauges compiled by the BSE finished with gains, led by the SP BSE FMCG, Finance, Bankex and Information Technology indexes, which
trade
mortgage administration services unit for $143.53 million.According to analysts, continued foreign fund inflows also supported the domestic
markets
Foreign portfolio investors/foreign institutional investors on Wednesday net purchased equities worth Rs 1,481.11 crore, provisional data
Kumar Purwar tops the list of probables to head the interim board of the airline
Jet Airways has been struggling with cash flows for the past six months because of rising fuel costs and intense competition.(With inputs
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