Sensex, Nifty continue to trade in positive terrain – 29th March
Indian stock markets continued to trade in positive terrain in the noon session due to buying in consumer durables, healthcare and realty stocks. Buying in frontline stocks such as Bharti Airtel, Ultratech Cement and HDFC were aiding sentiment, while selling in ITC, Indusind Bank and Infosys kept the gains in the markets in check. Sentiments remained positive with Commerce and industry Minister Piyush Goyal’s statement that the free trade agreement between India and the UAE has opened huge opportunities and businesses of both countries should look at taking the bilateral trade to $250 billion by 2030. Meanwhile, Russian Foreign Minister Sergey Lavrov is likely to visit India this week and the key focus is expected to be discussions on a payment system for New Delhi's procurement of oil and military hardware from Moscow. It would be the highest-level visit from Russia to India after Moscow launched its military offensive against Ukraine on February 24. On the global front, Asian mar...