At 11.45 am on Thursday, the core equity indices Sensex and Nifty 50 were trading higher amidst stronger global cues along with assembly election results declaration in India.  

Indian benchmark markets continued their upward momentum on Thursday and made a significant recovery following positive global markets as the crude oil prices fell more than 12 per cent. 

The Indian benchmarks Sensex and Nifty 50 rallied as all sectoral indices traded in the upward direction except metals. The volatility in domestic equities will continue as the surge in crude oil prices is seen after the US banned Russian oil imports. The FII outflow of Rs 8142.60 crore was seen and the domestic investor inflow of Rs 6489.59 crore was seen yesterday. 

Wall Street logged its biggest drop in more than a year as markets were jolted by another surge in oil prices.

The Indian benchmark indices tripped into the red terrain in mid-morning trade. The metal, auto, and bank sectors were underweighted. The rising crude oil prices amid continuing Russia-Ukraine crisis continued to keep the investors on the edge. The FII outflow of Rs 7,482.08 crore was seen and domestic investor inflow of Rs 5331.03 crore was seen on Monday. Also, the United States is considering acting alone to ban Russian oil imports rather than teaming up with allies in Europe, easing concerns of a wider disruption to crude supplies. 

The Indian markets experienced carnage on Monday's early trade due to weakening in global markets as concerns over the Russian invasion of Ukraine fuels and also the crude oil reaching a multi-year high. 

A broad-based sell-off was witnessed across indices on exchanges BSE and NSE along with global markets. A spike in crude oil prices and currency depreciation has caused higher input costs for companies across sectors. Also, rising global inflation has made investors cautious. The foreign investors were seen pulling off money from the Indian market, FII outflow of 7,631.02 crore and domestic investor inflow of Rs 4738.99 crore was seen on Friday.   

Nifty Auto stocks saw a constant fall amid weak markets in today's session. Banks, auto, and consumer durables stocks were the worst hit, due to the continued escalation of the Russia-Ukraine war and soaring oil prices. The Nifty FMCG index fell 1.80 per cent to 34,390.70 and has lost 3.16 per cent in three sessions. Also, the European bourses are set for a weak open as Euro Stoxx 50 futures and German DAX futures shed 2.6 per cent, while FTSE futures lost 1.4 per cent. 

Arihant Capital Markets Ltd informed the exchanges and investors that the Board of Directors of the Company in their meeting held on March 3, 2022, that it has approved the interim dividend of, Rs 0.75 (15 per cent) per equity share of the face value of Rs 5 each to the shareholders of the company for the financial year 2021-22. 

A broad-based buying was observed with metal stocks outperforming and leading the rally given the global scenarios. The oil & gas stocks gained as the ongoing Russia-Ukraine war skyrocketed the oil and resource prices ever higher than before. The domestic equities also rose to track positive global cues as Asian shares gain. Federal Reserve Chair Jerome Powell said on Wednesday that he was “inclined to propose and support a 25-basis-point rate hike in the month of March.”  

Brent crude futures climbed USD 3.55, or 3.4 per cent, to USD 108.52 a barrel, making new highs not seen since July 2014. The Indian rupee has depreciated by 0.16 points reaching 75.65 against the dollar. India's GDP growth dropped down to 5.4 per cent in February from 8.5 per cent the previous quarter. 

Bonus issue was declared by the company in the ratio of 1 equity share for every 10 equity share issued. The Board of company also approved an increase of authorised capital from Rs 25 crore to Rs 30 crore to meet increasing growth capital of the company. The Stocks has given a return of 17 per cent over a period of one month.