Indian indices ended a percent higher on Tuesday, following gains in Asian peers, mainly boosted by banking, financials and IT...

Stock Market Highlights: Indian equity indices, Sensex and Nifty ended Tuesday's volatile session higher led by gains in private banks, IT and financial services stocks. Selling was seen in metals, pharma and auto stocks, while broader markets, smallcap and midcap indices underperformed the benchmarks.

The Sensex ended 584 points higher at 51,025 while the Nifty rose 142 points to settle at 15,098.

Rising hopes of a global economic recovery on the back of increasing vaccination fuelled a rally in equities in February. However, a sharp rise in bond yields led to some correction in market performance across the globe recently. With rising bond yields and rich valuations, where should one invest in March? According to Kotak Securities, the market could see a consolidation phase in the next few months. It added that since near-term valuations are still very much on the higher side it is not wise to expect healthy returns in less than one year. It also noted that few sectors that can make money for investors given their past underperformance and potential recovery are banks, capital goods, construction, engineering, oil & gas, cement, real estate & metals. Here's a list of the domestic brokerage’s top stock picks for March: