Stock Market Today, March 7 -- The benchmark Nifty-50 index, ended at 22,544.70 with gains of 0.93% on Thursday, adding to earlier day gains. Bank Nifty gained 0.28% to 48,627.70, and Oil & Gas, Metal, and Pharma among others led the gains for most other sectors with exception of realty index that corrected, Boarder markets also saw sharp gains of up to 1.5%

The initial hurdle of 22500 levels (opening downside gap of 28th Feb) has been surpassed by the Nifty- 50 index, closing above it. This market action signal increasing strength of upside momentum and next upside resistance to be watched around 22750-22800. Immediate support is placed at 22250 levels, said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities

Technical...