Sensex bounces 335 pts, Nifty ends at 22,146.65; Adani Enterprises soars over 6%
The domestic stock market rebounded on Thursday, fueled by buying across most sectors. The Nifty 50 ended near 22,150, recovering from an intraday low of 21,917.50. Expiring weekly index options on the NSE caused volatile trading. Oil & gas, metals, and media stocks saw strong demand, while banks and financials dipped. However, analysts warn of potential overvaluation in some mid-and small-cap stocks. This comes after market regulator Sebi raised concerns about "frothy" valuations in these segments and urged mutual funds to moderate their investments. The stress test results from these mutual funds are due on March 15th.
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