Market closing: Sensex Nifty close in green,

Days ahead of Diwali, the Indian stock market soared on Monday, snapping a three-day losing streak as real estate and telecom stocks gained the most. The Sensex of the Bombay Stock Exchange was up 831.53 points, or 1.40 percent, at the close, while the Nifty50 of the National Stock Exchange was up 258.00 points, or 1.46 percent.

All sectors gained on the BSE Sensex. The realty sector, which was up 3.56 percent, the telecom sector, which was up 3.33 percent, the metal sector, which was up 3.27 percent,  were the sectors that saw the most gains. Induslnd Bank was the top stock contributor, rising 7.75 percent to Rs 1,228.35 per share, followed by HCL Tech, which rose 3.91 percent to Rs 1,189.10 per share. Bharti Airtel, Tata Steel, and Tech Mahindra all had a positive bias in their trading. However, Mahindra & Mahindra broke through with a 1.56 percent gain, followed by Bajaj Finserv with a 1.49 percent gain and Nestle with a 0.60 percent gain.

Mid-Cap and small-cap shares also seen buying interest as Nifty Midcap 100 index rose nearly 2 per cent and Nifty Smallcap 100 index rose nearly 1 per cent. The overall market breadth was tremendously positive as 2,171 shares ended higher while 1,137 closed lower on the BSE.

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