You are here: Home » Markets » News

MARKET: Sensex surges 593 pts amid broad-based buying; Nifty ends at 11,228

All that happened in the markets today

Markets | Supreme Court | Lakshmi Vilas Bank

SI Reporter  | New Delhi 


The domestic stock market ended over 1.5 per cent higher on Monday, lifted by across-the-board gain.

Among headline indices, the S&P BSE Sensex jumped 593 points, or 1.59 per cent to 38,982 levels. Of 30 constituents, 27 advanced and the rest 3 (Nestle India, Infosys, and Hindustan Unilever) declined. The Nifty50 index reclaimed the 11,200-mark to settle at 11,228, up 177 points, or 1.6 per cent. India VIX dropped over 5 per cent to 19.57 levels. 

In the broader market, the  S&P BSE MidCap index rallied 2.68 per cent to 14,721 while the S&P BSE SmallCap index ended at 14,863.25, down 368 points, or 2.54 per cent. 

On the NSE, all the sectoral indices ended in the green. Nifty Bank gained 3.26 per cent to 21,665.50 levels while Nifty Metal index rose nearly 3 per cent to 2,237 levels. 

Global markets

Asian gained on Monday amid signs China’s economic recovery was gaining momentum with pent-up demand, fiscal stimulus and surprisingly resilient exports boosting sentiment across the region. MSCI’s broadest index of Asia-Pacific shares outside Japan advanced 0.7 per cent to 551.48, but stayed within striking distance of a two-month low of 543.66 hit last week.

In Europe, stocks partially recovered from last week’s hefty losses, helped by upbeat industrial profits data from China and as banking stocks bounced off record lows.

In commodities, oil prices fell as rising coronavirus cases spur concern about demand, with the main crude benchmarks on track for their first monthly falls since April.

(With inputs from Reuters)


Auto Refresh