Benchmark indices close with moderate gains after choppy session
In the global market, the US stock index futures ticked lower as investors awaited the conclusion of the Federal Reserve's meeting.
In the global market, the US stock index futures ticked lower as investors awaited the conclusion of the Federal Reserve's meeting.
Nifty 50 opened at 22,334.45 against the previous close of 22,332.65 and touched its intraday high and low of 22,452.55 and 22,256 respectively, during the session, finally closed 3 points up at 22,335.70.
In the broader markets, the BSE MidCap and SmallCap indices advanced 1 per cent and 1.23 per cent , respectively.
The rise in domestic stocks is related to both the global market recovery and sound domestic macroeconomic fundamentals.
Also, a relative strength in Indian rupee too have supported the benchmark indices on Monday, said analysts.
The top gainers on the Sensex were Tata Steel, Tech Mahindra and Bajaj Finserv
The top gainers on the Sensex were HCL Technologies, Tech Mahindra and TCS
All the sectors faced profit booking decline except IT, FMCG and Pharma counters. At around 2.00 p.m., the S&P BSE Sensex trade on a flat note at 55,617.55.
Tech Mahindra, Power Grid and HCL Technologies were the top gainers on the Sensex
The NSE Nifty50 traded at 16,213.85, lower by 66.25 points or 0.41 per cent from its previous close.
