The stock markets began Monday with a positive sentiment as indices tried to recover from the losses made in trading last week. While the pre-open trading hour indicated muted beginning to today’s session, both benchmark indices, Sensex and Nifty attempted a strong rally as markets opened.
As of 9:18 AM, the BSE Sensex climbed close to 250 points and traded above 81,350, while the NSE Nifty50 gained nearly 85 points and crossed 24,800 in the market.
On the 30-share Sensex, PowerGrid, Asian Paint, UltraTech Cement, Bharti Airtel, and Eternal dominated in green. On the other hand, the laggards so far were driven by Tata Motors, Sun Pharma, Adani Ports, Kotak Mahindra Bank, and IndusInd Bank.
In the broader markets, the indices traded mostly in green, however, the gains remained modest. The Nifty Midcap Select stood out and climbed 0.49 per cent in the morning session. Sectorally, the Media index dominated and jumped 0.72 per cent.
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