Sensex jumps 226 points; Nifty ends near 16,500; IT stocks outperform
After adding over 450 points during the day, Sensex pared some gains to end 226.47 points or 0.41% higher at 55,555.79
Indian benchmark equity indices settled higher on Monday tracking a positive trend in global markets. After adding over 450 points during the day, Sensex pared some gains to end 226.47 points or 0.41% higher at 55,555.79. Similarly, the broader NSE Nifty advanced 45.95 points or 0.28% to 16,496.45.
HCL Tech, rising over 4%, was the top Sensex gainer followed by TCS, Bajaj Finserv, Nestle India, Bharti Airtel, Bajaj Finance and Tech Mahindra. M&M, Bajaj Auto, UltraTech Cement and PowerGrid were among the laggards.
Most sectoral indices on the NSE closed in the red. Nifty IT, closing over 1.5% higher, was the top Sectoral gainer followed by Nifty Financial Services and Nifty Bank.
In Asia, stock exchanges in Shanghai, Hong Kong, Tokyo and Seoul ended with strong gains. Equities in Europe were also trading on a positive note in mid-session deals.
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