NiftyFuture last close: 16613.45 (-1.1%)
On Wednesday, NiftyFuture was opened gap down at 16600 and fell up to 16468 then bounced up to 16613
In last 45 minutes NiftyFuture was rallied almost 150 points from day’s low
The final tally was Nifty50 ended 188 points down
Metal index rallied 2.5% while Auto index fell 3%
Maruti and Bajajauto fell more than 4%
Bank indices fell around 2%
Hdfcbank and Icicibank fell more than 3.5%
PSUBank index fell 1%
Volatility index sustained 29.50
Oil jumps to above $116/bbl
Feb exports rise 22.3% YoY as global orders remain strong
Fed’s Powerll says still appropriate to raise interest rates by 25 bps in March
FIIs net sold 4338 crore while DIIs net bought 3061 crore
US markets ended higher on Wednesday
Dow shot up 1.79%, Nasdaq rallied 1.62% and S&P500 gained 1.86%
Asian markets were set higher opening on Thursday’s early trade
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Updated: 08.47 am / 03rd March 2022
