Sensex Ends 746 Points Higher, Nifty At 24,585; PSU Bank, Auto Stocks Rally | Markets News
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Indian equities traded flat on Monday amid mixed global cues, with stock-specific moves dominating as investors digested Q1 earnings released after market hours
Sensex Today.
Sensex Today: Indian benchmark indices closed higher on Monday, driven by strong gains in PSU Bank, Realty, and Auto stocks.
The BSE Sensex rose 746.29 points, or 0.93%, to settle at 80,604.08, while the Nifty50 advanced 221.75 points, or 0.91%, to 24,585.05.
On the BSE, Tata Motors, Eternal, and Trent topped the gainers’ list, whereas ICICI Bank, BEL, and Bharti Airtel were among the major losers. On the NSE, Adani Enterprises, Tata Motors, and Eternal led the gains, while Hero MotoCorp, BEL, and Bharti Airtel declined.
Broader markets also saw an uptick, with the Nifty Midcap 100 index up 0.79% and the SmallCap index higher by 0.34%.
Sector-wise, barring Nifty Consumer Durables (down 0.72%), all indices ended in the green. Nifty PSU Bank gained the most (up 2.20%), followed by Realty (up 1.86%) and Auto (up 1.06%).
Global Cues
In Asia, sentiment was tepid as traders awaited clarity on whether the August 12 deadline for the US-China tariff truce will be extended. Additionally, attention is on the planned meeting between US President Donald Trump and Russian President Vladimir Putin in Alaska on Friday to discuss the Ukraine conflict.
As of the last check, China’s CSI300 was up 0.3%, Hong Kong’s Hang Seng slipped 0.02%, Australia’s ASX 200 rose 0.31%, and South Korea’s KOSPI edged 0.04% higher. Japanese markets remained shut for a holiday.
On Wall Street, the Nasdaq Composite closed at fresh record highs last week, while the S&P 500 hovered near another milestone. The Dow Jones Industrial Average gained 0.47%, the Nasdaq advanced 0.98%, and the S&P 500 added 0.78% on Friday.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
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