The Sensex stock benchmark rose more than 400 points at the start of trading on Monday, with the Reliance Industries, Infosys and HDFC indexes tracking gains amid a positive trend in global stocks.
The 30-share index rose 411.04 points, or 0.74%, to 55,740.36, while NSE Nifty rose 109.35 points, or 0.66%, to 16,559.85.
HCL Tech topped Sensex with a profit of over 2%, followed by Bajaj Finance, L&T, Tata Steel, Tech Mahindra, TCS and Reliance Industries.
PowerGrid and HUL, on the other hand, lagged behind.
In the previous session, Sensex fell 300.17 points, or 0.54%, to 55,329.32, while Nifty fell 118.35 points, or 0.71%, to 16,450.50.
Foreign institutional investors (FIIs) are net sellers in the capital market.
“Domestic stocks are encouraging so far. The minutes of the MBC meeting earlier this month were a key strategy in RBI and Reliance Securities to provide political support to sustain the economic recovery, despite some members’ concerns about gradual normalization in the face of high inflation. and extreme soft monetary policy.
Elsewhere in Asia, stock markets in Shanghai, Hong Kong, Tokyo and Seoul traded heavily in mid-session trading.
Brent, meanwhile, rose 1.79% to $ 65.91 a barrel.
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