Share/Stock Highlights: The benchmark equity indices on the BSE and National Stock Exchange (NSE) snapped out of their three-day losing streak and ended nearly 1.5 per cent higher on Monday aided by gains in heavyweights Infosys, HDFC twins and Tata Consultancy Services (TCS) amid a largely positive trend in global markets.
The S&P BSE Sensex rallied 831.53 points (1.40 per cent) to settle above the 60,000 level mark at 60,138.46 while the Nifty 50 surged 258.00 points (1.46 per cent) to end at 17,929.65.
IndusInd Bank was the top gainer on the Sensex, climbing over 7 per cent, followed by Bharti Airtel, HCL Tech, Tata Steel, Tech Mahindra and Dr. Reddy’s Laboratories. On the other hand, Mahindra & Mahindra (M&M), Bajaj Finserv, Nestle India and Reliance Industries (RIL) were the laggards.
Among sectoral indices on NSE, the Nifty Realty index surged 4.03 per cent led by Macrotech Developers, Indiabulls Real Estate and Sobha. The Nifty Metal index too climbed 3.06 per cent aided by Steel Authority of India. The Nifty IT index rallied 2.56 per cent following gains in shares of MindTree and Coforge.
(with inputs from agencies)