Categories: Business

Sensex rose more than 400 points in opening trade

New Delhi: The equity index jumped in opening trading on Monday with BSE Sensex benchmarks up more than 400 positive amid positive global cues.
The 30-share BSE index jumped 411 points or 0.74 percent and traded at 55,740.
While the wider NIFTY NSE rose 109 points or 0.66 percent at 16,560.
The top winners in the sensex package include HCl Tech Tech Mahindra, TCS, Tata Steel, Infosys, Bajaj Finance and Bajaj Fincerv with their shares up 4.23 percent.
While PowerGrid, Bajaj Auto, M & M, Hul and NTPC are the top losers falling to 1.26 percent.
Cadila Healthcare surged almost 8% after the covid-19 vaccine drug maker drug was approved for emergency use by the country.
“Domestic equity looks inspiring as it is now.
MPC meeting Risens held at the beginning of this month continues to show the RBI’s commitment to ensure policy support to maintain economic recovery even though there are members who show some concerns about high inflation and pitching for gradual normalization in ultra-soft monetary policy , “Binod Modi,” the head strategy at the Reliance Securities to the PTI news agency .
In the previous session, Sensex slipped 300.17 points or 0.54 percent to close at 55,329.32, and Nifty fell 118.35 points or 0.71 percent to 16,450.50.
(With input from agency)

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