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Share Market LIVE: Sensex trades flat, Nifty tops 17550 on monthly F&O expiry; Axis Bank top contributor

31 Mar , 2022   By : monika singh


Share Market LIVE: Sensex trades flat, Nifty tops 17550 on monthly F&O expiry; Axis Bank top contributor

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading volatile, dancing between gains and losses on Thursday, a day of monthly F&O expiry, which also happens to be the last expiry of the FY22. BSE Sensex was hovering around 58850, while Nifty crossed 17550. Mahindra & Mahindra, ITCAsian PaintsHousing Development Finance Corporation (HDFC), Tata SteelAxis Bank were among top Sensex gainers. InfosysBajaj FinservReliance Industries Ltd (RIL), Power Grid Corporation of IndiaWipro were among top index laggards. Bank Nifty was up half a per cent on monthly F&O expiry day. Nifty FMCG index too jumped nearly 1%.

Markets have started the final session of fiscal year 2022 (FY22) cautiously due to negative global mood. Traders may be concerned because India Ratings cut its GDP growth prediction for FY23 from 7.6% to 7-7.2 percent, citing increased uncertainty about the Russia-Ukraine conflict and the resulting weakening of consumer morale. Russian military bombed the outskirts of Kyiv on Wednesday, despite promising to pull back operations the day before. On Thursday, Asian markets are trading mixed due to a decline in oil prices.

BSE Sensex jumps over 150 points, while NSE Nifty 50 index crossed 17500 level in the pre-opening session on Thursday, a day of monthly and weekly F&O expiry


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