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Share Market LIVE: Sensex trades flat, Nifty holds above 17200, resistance at 17500; Maruti, Titan

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Share Market News Today | Sensex, Nifty, Share Prices LIVE: Benchmark indices opened on a positive note amid mixed global cues. While BSE Sensex was up 166.33 points or 0.29% at 58030.26, NSE Nifty 50 was up 46.50 points or 0.27% at 17333.50. Both indices declined in the red a few minutes after open. Nifty Bank was trading flat at 36,281. Hindalco, ONGC, Maruti Suzuki, Wipro and Tata Steel were the top Nifty gainers, while Asian Paints, Grasim, IOC, Mahindra and Mahindra and Kotak Mahinda Bank were the laggards. Buying was seen in the metal, auto, capital goods, IT and realty, while selling is seen in the bank, power and FMCG names.

BSE

Sensex, Nifty trading flat in red

Benchmark indices were trading near the day's low level amid volatility dragged by the power, FMCG and banking names The Sensex was down 212.51 points or 0.37% at 57651.42, and the Nifty was down 57.20 points or 0.33% at 17229.80.


Kotak Mahindra Bank appoints Amit Desai as additional director

Kotak Mahindra Bank today appointed Amit Desai as an Additional Director (Non-Executive) of the bank, with effect from March 18, 2022, subject to the approval of the shareholders. Kotak Mahindra Bank was quoting at Rs 1,790.80, down Rs 28.45, or 1.56 per cent on the BSE.


Asian Granito files draft papers for Rs 500 crore rights issue

Asian Granito India has filed draft papers for rights issue of equity shares to raise up to Rs 500 crore. The company has lined up Mega Expansion Plan in Value Added Luxury Surfaces & Bathware Segments such as GVT Tiles, Sanitaryware and SPC Flooring segments through setting up new state-of-the-art manufacturing facilities at Morbi, Gujarat, under newly incorporated wholly owned subsidiaries. Asian Granito India was quoting at Rs 110.30, up Rs 2.30, or 2.13 per cent on the BSE.

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