Sensex, Nifty updates on 22 March 2024: Indian equity markets recover and maintain the momentum after opening in red following global market trends and the US Fed’s recent decision to hold rates and signals of future rate cuts. At 3:45 p.m., the BSE Sensex rose 190.75 points or 0.26% to 72,831.94 and the NSE Nifty gained 84.80 or 0.39% to 22,096.75. IT stocks are under pressure and automobile stocks go up. Commenting on the Nifty outlook, Anand James, Chief Market Strategist, Geojit Financial Services, said, “While the early upswings evolved on anticipated lines yesterday, it took a bit further than the 22,032 for the momentum to fully ease and force a turn lower. But as maintained yesterday, we will persist with a buy-on-dips approach, until we head into the 22,140-220 region.”
