Sensex, Nifty close higher as heavyweight financial stocks gain

Benchmark market indices Sensex and Nifty have ended the trading session on a positive note as heavyweight financial stocks gained.

Indian shares settled marginally higher on Monday, helped by gains in heavyweight financial stocks including State Bank of India, and as daily coronavirus infections fell further. The blue-chip NSE Nifty 50 index closed 0.15% higher at 15,197.70, while the benchmark S&P BSE Sensex rose 0.22% to 50,651.90. Both the indexes gained more than 3% last week. The Nifty PSU Bank Index, which tracks state-owned banks, ended 2.13% higher, marking its fourth straight session of gains.