Sensex sparkles 364 pts, Nifty tops 15,850; auto stocks lead
Sensex sparkles 364 pts, Nifty tops 15,850; auto stocks lead

Benchmark indices moved on a positive trajectory on Monday with solid buying in realty, IT, auto, and select PSU bank stocks. Besides, a stable global trend further strengthened the position of market bulls.  At close, the frontline  BSE Sensex zoomed 364 points, or 0.69 percent, to close at 52,951 levels while the NSE Nifty50  went up at 15,885-mark, up 122 points. Sectorally, all the indices ended in the green, led by the Nifty Realty index (up 5 percent), and the Nifty Auto index, up 1.4 percent. The BSE MidCap and SmallCap indices hit record highs of 23,342 and 27,106, respectively earlier in the trade. They ended at 23,331 and 27,072, up 1 percent each.

Titan was the top Nifty gainer, the stock rose 3.6 percent to close at Rs. 1,776 a day ahead of its June quarter earnings. Shree Cements, Bharat Petroleum, Adani Ports, Eicher Motors, IOC, Grasim Industries, Britannia and Mahindra also rose between 2-3.5 percent.

ON the lower side, UPL, Tata Steel, Bajaj Finserv, Bajaj Finance, Tech Mahindra, NTPC, Sun Pharma, Dr Reddy's Labs, HDFC Bank and ICICI Bank were among the losers. Sectorally, Nifty Auto, I.T., PSU Bank and Financial Services indices also rose between 0.8-1 percent.

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