After opening their day on a positive note, Indian share markets gave up some of their earlier gains and ended their session marginally higher. Gains were largely seen in the telecom sector and realty sector, while healthcare stocks and metal stocks ended the day lower.

At the closing bell, the BSE Sensex stood higher by 139 points (up 0.4%) and the NSE Nifty closed higher by 31 points (up 0.3%). The BSE Mid Cap index ended the day up by 0.2%, while the BSE Small Cap index ended the day up by 0.3%.

Asian stock markets finished on a negative note as of the most recent closing prices. The Hang Seng was down 0.43% and the Nikkei was trading down by 0.47%. The Shanghai Composite stood lower by 0.28%. The rupee was trading at 65.21 to the US$ at the time of writing.

Mercator share price witnessed buying interest today after the company said it has entered into a Memorandum of Agreement with Best Oasis Ltd, Hong Kong to sell its vessel MV Vrinda for a total consideration of US$ 4.25 mn.

As per the filing, the proceeds of the sale would be used to repay debts of the company. The transaction is expected to be completed by April 6, 2018.

Ashoka Buildcon share price also witnessed buying interest today as the company was known as the lowest bidder for two road projects worth Rs 4.4 billion in Maharashtra. The stock of the company closed its session up by x% on the BSE.

This is the first policy under new Fed chief Jerome Powell. The Federal Reserve is expected to hike US interest rates and perhaps signal that as many as two more lie in store for the rest of the year.Market participants were also keeping a close watch on the ongoing Federal Reserve policy meeting to track the decision on an interest rate hike.

In its last meeting, the Fed said it expects “further gradual” rate increases. The target range for the federal funds rate currently is 1.25% to 1.50%.

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