Market on Monday | Nifty above 24,550, Sensex up746 pts
Benchmark indices started the week on a strong note after six weeks of negative close, erasing most of Friday’s losses as bulls took the charge on August 11 with Nifty above 24,500 near the day’s high on buying across sectors barring consumer durables.
At close, the Sensex was up 746.29 points or 0.93 percent at 80,604.08, and the Nifty was up 221.75 points or 0.91 percent at 24,585.05. The BSE Midcap index added 0.8 percent and Smallcap index rose 0.35 percent at close.
Biggest Nifty gainers were Adani Enterprises, Tata Motors, Eternal, Grasim Industries, Apollo Hospitals, while losers included Hero MotoCorp, Bharat Electronics, Bharti Airtel.
Except consumer durables, all other sectoral indices ended in the green with pharma, metal, auto, oil & gas, PSU Bank and realty up 0.5-2 percent.