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Sensex closes above 29,000 mark; Nifty jumps 66 points

PTI | New Delhi |


Reclaiming the 29,000 mark, key benchmark indices closed Monday’s trading session on a positive note amid fresh buying by investors and mixed Asian cues.

The Sensex at the Bombay Stock Exchange (BSE) ended 216 points higher at 29,048 and the Nifty at the National Stock Exchange (NSE) closed 66 points up at 8,963.

In the broader markets, BSE Midcap and Smallcap indices rose 0.6 per cent and 0.4 per cent respectively.

All the BSE sectoral indices, except the IT index, closed in the positive zone with Oil & Gas index leading the gains, up 1.3 per cent. IT index slipped 0.1 per cent.

On Friday, the Sensex had closed seven points down at 28,832 and the Nifty had closed two points lower at 8,898.

Top gainers in the Sensex-30 pack: Reliance Industries (up 3.7 per cent), Adani Ports (up 2.5 per cent), Tata Motors (up 2.3 per cent), Bharti Airtel (up 1.8 per cent) and SBI (up 1.8 per cent).

Top losers in the Sensex-30 pack: TCS (down 0.9 per cent), HUL (down 0.7 per cent), Dr Reddy’s Labs (down 0.6 per cent), HDFC (down 0.4 per cent), and Tata Steel (down 0.4 per cent).

Asian markets were trading with mixed moves. China’s Shanghai Composite Index rose 0.5 per cent, Japan’s Nikkei 225 Index slipped 0.5 per cent, Hong Kong’s Hang Seng increased 0.2 per cent and Singapore’s Straits Times Index fell 0.1 per cent.

Meanwhile, the Rupee was trading 11 paise higher at 66.70 against the US Dollar.