The BSE Sensex surged 1,039.80 points or 1.86% to close at 56,816.65. Similarly, the NSE Nifty jumped 312.35 points or 1.87% to settle at 16,975.35.

All the sectoral indices settled higher with IT, energy, auto, bank, metal and realty indices rose 2-3%, while capital goods, FMCG, and power indices surged up 1% each. BSE midcap and smallcap indices gained over 1% each.

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Here are the key stocks that moved the most during today’s trading session:

Hindustan Aeronautics Limited: Shares of HAL surged 6.26% to close at Rs 1,463 after the company signed an MoU on a non-exclusive basis with France-based Safran Helicopter Engines SAS to extend cooperation and business opportunities, which does not involve any obligation on the part of either to enter into a definitive agreement or make any financial commitments.

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Tata Communications: Share of Tata Communications jumped 4.69% to close at 1,177.35 after the company announced a multi-year strategic partnership with Formula 1. Tata Communications will empower Formula 1 with global end-to-end managed network services for video contribution.

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Rail Vikas Nigam Limited: The stock closed 1.52% higher at Rs 33.30 after the company board declared an interim dividend of Rs 1.58 per equity share of Rs 10 each for the financial year 2021-22. March 25, 2022, has been fixed as the recorded date for determining the eligibility for payment of the dividend. The payment would be made on or before April 14, 2022, they said in an exchange filing.

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Torrent Power: The share gained 8.65 points or 1.81% to close at Rs 485.95 after the company entered into a share purchase agreement (SPA) and shareholders agreement (SHA) with Union Territory of Dadra and Nagar Haveli and Daman and Diu Power Distribution Corporation Limited for the purchase of 51% equity share capital of the SPV from the holding entity.

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Zomato: Shares of food delivery giant closed 0.72% down at Rs 76.00 after it acquired a 16.66% stake in food-robotics company Mukunda Foods Private Limited, for $5 million cash consideration. The company board also approved a loan of up to $150 million to Grofers India in one or more tranches.