Agency, New Delhi. The BSE Sensex gained roughly 322 points on Monday and finished above 60,000 as a result of the bullish trend in the world markets. The 30-share Sensex closed at 60,115.13, up 321.99 points or 0.54 percent, marking a three-week high. NSE Nifty increased 103 points or 0.58 percent to settle at 17,936.35.
Today’s Nifty concluded with advances in 36 equities. Energy, IT, and banking stocks all enjoyed significant advances today. Investor confidence was reinforced by macroeconomic statistics showing foreign fund purchases, declining crude oil prices, and an economic rebound. Markets remained upbeat on consumer inflation and industrial production statistics.
Top gainers and losers
Titan, up 2.39 percent, was the leading gainer among Sensex equities, followed by Axis Bank, Tech Mahindra, and Tata Steel. Today’s gains also included RIL, Infosys, TCS, ICICI Bank, Bajaj Finance, and L&T. With a loss of 0.43 percent, HDFC was the biggest loser, followed by HDFC Bank and Nestle.
Following Wall Street’s strong closing last week, which ended a three-week losing skid, shares in Europe and Asia increased on the global markets. Due to holidays, several Asian markets were still closed today. Oil prices increased as US futures traded higher. A barrel of Brent crude oil increased by 28 cents to $93.12.
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Rupee strengthens by 2 paise against US dollar
Following a strong domestic equity market and foreign money inflows, the rupee on Monday increased its initial losses by two paisas to settle at 79.55 (provisional) against the US dollar. In the interbank foreign exchange market, the rupee started the day at 79.66 to the dollar. During the session, it reached an intraday high of 79.47 and a low of 79.72. The final closing price was 79.55, an increase of 2 pence from the previous closure of 79.57.