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Sensex, Nifty rise by more than 1 percent after four days of decline

 

After four days of losses, the 30-share BSE Sensex closed 721.13 points higher at 60,566.42 amid a positive trend in global markets.


By Press Trust of India: Equity benchmarks ended with a jump of over 1 per cent on Monday after four days of losses amid a positive trend in global markets.

The 30-share BSE benchmark closed at 60,566.42, up 721.13 points or 1.20 per cent. During the day, it rose 988.49 points, or 1.65 percent, to 60,833.78.

Similarly, the broader NSE Nifty settled 207.80 points, or 1.17 per cent, higher at 18,014.60.

From the Sensex pack, State Bank of India, IndusInd Bank, Bajaj Finserv, Tata Steel, ITC, Axis Bank, HDFC Bank, UltraTech Cement, NTPC and Tata Motors were the major winners.

Nestle, Kotak Mahindra Bank, Bharti Airtel, HCL Technologies and Hindustan Unilever were the laggards.

Elsewhere in Asia, equity markets in Seoul, Tokyo and Shanghai ended in the green.

US markets closed in positive territory on Friday.

International oil benchmark Brent crude climbed 3.63 per cent to $83.92 per barrel.

Foreign institutional investors (FIIs) sold shares worth a net Rs 706.84 crore on Friday, according to exchange data.


Source link India today


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