Indian Market: Sensex soars 594.91 points
Extending its rally for the third consecutive session on Monday, the BSE Sensex edged up 594.91 pts to close high at 64,958.69 following gains in metal, capital goods, industrials, and commodities stocks amid positive global cues.
The Nifty of the National Stock Exchange (NSE) rose 181.15 points to 19,411.75.
The Sensex rose by 472 points to open at 64,835. It took 679 points to 64,992.54, days high, before closing at 64,958.69, up 594.91 points from its previous close.
In stocks, capital goods were a major stock, rising 1.64 pc, followed by metals at 1.64 pc, industrials at 1.42 pc, and commodities at 1.38 pc.
In scrips, L&T advanced by 2.16 pc to Rs 2971, Axis Bank by 2.14 pc to Rs 1010, Tata Steel by 1.96 pc to Rs 119.60, Bajaj Finance by 1.86 pc to Rs 7558, and Powergrid by 1.84 pc to Rs 208.10.
However, selling in SBI, Hind Unilever, and Tata Motors capped further gains, the broker informed.
SBI fell by 0.72 p.c. to Rs 574, Hind Unilever by 0.42 p.c. to Rs 2498, and Tata Motors by 0.32 p.c. to Rs 645.75.
The midcap gained by 0.90 pc and the smallcap by 1 pc.
In 30 scrips, 26 advanced while 4 declined.
Asian Market was positive, as Nikkei was up by 2.32 pc, Straits Times by 1.16 pc, and Hang Seng by 1.68 pc.
(With UNI Inputs)
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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