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The BSE Sensex surged 900 points to close above 80,000, pushing several stocks to fresh yearly highs. Companies including Data Patterns (India), Sai Life Sciences, Vardhman Textiles, and Lupin showed strong momentum with notable gains over the past month.
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A steep selloff in U.S. Treasuries continued for a fourth ​day on Thursday, as investors fretted ​that surging energy prices from the war in the Middle East ​could stoke inflation and derail the Federal Reserve’s rate outlook.
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The Indian ​rupee logged its biggest one-day ​gain in a month on Thursday after the ​Reserve Bank of India stepped in aggressively to shore up the currency, with bankers expecting the central bank to stay on guard as geopolitical risks persist.
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Manpower and toll plaza management services provider Innovision Ltd on Thursday said its Rs 323-crore initial share-sale will open for public subscription on March 10.
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State-owned NHAI-sponsored Raajmarg Infra Investment Trust (RIIT) on Thursday fixed a price band of Rs 99 to Rs 100 per unit for its upcoming Rs 6,000-crore Initial Public Offering (IPO).
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