Stock market bounces back; banks, metals shine
Sensex was up 599.34 points, or 0.83 per cent at 73,088.33, while the Nifty was up 151.20 points or 0.69 per cent at 22,147.
Despite mixed Asian equity markets, Key benchmark indices were trading with gains in the late morning trade on Monday. At 11.15 am, the Sensex was trading 140 points or 0.48 per cent higher at 29,505 while the Nifty50 was trading 45 points or 0.49 per cent up at 9,164.
In the broader markets, BSE Midcap and BSE Smallcap indices surged 0.4 per cent and 0.7 per cent respectively.
Among the BSE sectoral indices, Realty index registered the biggest gain with a jump of 3.7 per cent. Capital Goods (up 1.3 per cent), Bankex (up 0.6 per cent) and Power (up 0.4 per cent) indices were other notable gainers. Healthcare index declined 0.8 per cent.
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On Friday, the BSE Sensex had closed 57 points or 0.19 per cent up at 29,365 while the NSE Nifty had closed 17 points or 0.19 per cent higher at 9,119.
Top gainers in the Sensex-30 pack: HDFC Bank (up 2.6 per cent), Adani Ports (up 2.1 per cent), HDFC (up 1.9 per cent), L&T (up 1.8 per cent) and Gail (up 1.7 per cent).
Top losers in the Sensex-30 pack: Lupin (down 3.8 per cent), Cipla (down 1.5 per cent), ICICI Bank (down 1.1 per cent), Infosys (down 1 per cent) and Bharti Airtel (down 0.9 per cent).
Meanwhile, the Rupee was trading 11 paise down at 64.53 against the US Dollar.
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