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Sensex up 364 pts, Nifty tops 15,850; auto, IT, realty stocks march ahead

In the broader markets, both, the BSE MidCap and SamllCap indices hit record highs of 23,342 and 27,106, respectively earlier in the trade

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SI Reporter  | New Delhi 

EVENT HIGHLIGHTS

MARKETS: Sensex eyes 53K, rises 350 pts; Nifty Realty, Auto gain up to 5%
Stock market updates: Propelled by solid buying in realty, IT, auto, and select PSU bank stocks, equity skyrocketd on Monday. Besides, a stable global mood further cemented position of market bulls. 

MSCI's main European Index rose around 0.8 per cent, while the STOXX 600 hit a new all-time high, up 0.7 per cent. In Asia, Nikkei jumped 2 per cent, Kospi rallied 0.65 per cent, and Hang Seng added 1 per cent.

Back home, the frontline zoomed 364 points, or 0.69 per cent, to close at 52,951 levels while the broader shut shop at 15,885-mark, up 122 points. 

In the broader markets, both, the BSE MidCap and SmallCap indices hit record highs of 23,342 and 27,106, respectively earlier in the trade. They ended at 23,331 and 27,072, up 1 per cent each. Sectorally, all the indices ended in the green, led by the Nifty Realty index (up 5 per cent), and the Nifty Auto index, up 1.4 per cent.

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