Key Benchmark indices on Monday ended on a positive trajectory boosted mainly by metals, FMCG, and private banking stocks and energy sectoral stocks. The BSE Sensex closed higher on Monday at 51937.56 higher 514 points while the NSE Nifty was at 15,582, up 147 points in trade.
Barring auto and public sector banks, all other sectoral indices are ended in the green. The BSE Midcap and Smallcap indices are also somewhat higher. GAIL, Reliance Industries, and Indraprastha Gas led the BSE Oil & Gas index higher by 1 percent.
Among gainers, major names were Reliance Industries, ICICI Bank, JSW Steel, Bharti Airtel and Dr Reddy’s Laboratories, whereas losers included Mahindra and Mahindra, Adani Ports, L&T, Infosys and IOC. Metal stocks were also shining with the top gainers being Jindal Steel & Power, JSW Steel, SAIL and Tata Steel climbed over 2 percent each, followed by MOIL, Vedanta, NALCO and Hindalco Industries.
In the commodity space, crude oil prices jumped by 29 cents to USD 4,884 a barrel, as market participants increased their holdings in response to strong spot demand. On the MCX, crude oil for June delivery was trading at USD 4,884 per barrel in 8,662 lots, up 0.6 percent.
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