Sensex ended 199 points higher on Friday, propelled by strong gains in index-heavyweight Reliance Industries and positive cues from global markets.
Indian stocks started Monday’s opening session on a higher note as it tracked gains in Asian markets.
The S&P BSE Sensex index jumped as much as 2.08 per cent – or 658.88 points – to touch 32,301.58 in the first few minutes of trade, having started the day up 387.64 points at 32,030.34.
The broader NSE Nifty 50 benchmark rose to as high as 9,439.90 in early deals, after opening at 9,348.15 as against its previous close of 9,251.50. Gains in equities were led by financial, automobile and metal stocks which added to positive sentiments.
The Sensex traded 636.42 points – or 2.01 per cent – higher at 32,279.12 while the Nifty was up 185.85 points – or 2.01 per cent – at 9,437.35. Market breadth was highly positive with an advance-decline ratio of 3:1, as 951 stocks traded higher on the BSE against 301 that moved in the opposite direction and Tata Motors, Zee Entertainment and Maruti Suzuki were the top Nifty gainers, said a section in Indian media.
Equity benchmark Sensex ended 199 points higher on Friday, propelled by strong gains in index-heavyweight Reliance Industries and positive cues from global markets.
After rallying 645.13 points during the day, the 30-share index surrendered most gains to settle 199.32 points or 0.63 per cent higher at 31,642.70. Similarly, NSE Nifty rose 52.45 points, or 0.57 per cent, to finish at 9,251.50.
