15.47 PM: Closing Bell: Sensex rises 280 points, Nifty settles above 14,800; bank, cement stocks hog the limelight

Closing update: Indian equity benchmarks rose about half a percent on March 23. The market had made a low same day last year.

Sensex closed 280 points, or 0.56 percent, higher at 50,051.44 while Nifty settled at 14,814.75, up 78 points or 0.53 percent.

Among the sectors, Nifty Metal, FMCG and Media ended in the red while Nifty PSU Bank jumped 2.91 percent, Nifty Bank and Private Bank 1.73 percent each.

News Source:- Moneycontrol

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