Sensex soars 1,041 points on gains in RIL, Infosys; extend rally to 3rd day
The Hindu
The broader NSE Nifty jumped 308.95 points or 1.89% to settle at 16,661.40
Extending their rally to a third straight day, benchmark indices Sensex and Nifty jumped nearly 2 per cent on Monday on heavy buying in Reliance Industries and Infosys amid a firm trend in global equities.
The 30-share BSE Sensex rallied 1,041.08 points or 1.90% to settle at 55,925.74. During the day, it gained 1,197.99 points or 2.18% to 56,082.65.
The broader NSE Nifty jumped 308.95 points or 1.89% to settle at 16,661.40.
From the Sensex pack, Titan, M&M, Infosys, Larsen & Toubro, Tech Mahindra, HCL Technologies, TCS, Reliance Industries and UltraTech Cement were the leading gainers.
In contrast, Kotak Mahindra Bank, Sun Pharma, Dr Reddy's and ITC were the laggards.
Elsewhere in Asia, markets in Seoul, Shanghai, Tokyo and Hong Kong settled with gains after China eased COVID-19 curbs on business activity in Shanghai and Beijing.
Markets in Europe were also trading in the green during the afternoon trade. Stock markets in the United States ended significantly higher on Friday.