Stocks today: Sensex to start in Green this week
Key Takeaways:
- Due to rising equity benchmarks during initial trading on Monday were influenced by favourable global market trends and investments in IT stocks.
- Sensex closed at 59,900.37, down 452.90 points, or 0.75 per cent. The Nifty dropped 132.70 points or 0.74 per cent, ending the day at 17,859.45.
- Data from the exchange shows that foreign institutional investors (FIIs) sold shares for a total of 2,902.46 crores on Friday.
Initial trading on Monday saw an increase in equity benchmarks due to positive trends in the world markets and buying in IT stocks.
A gain of 367.92 points lifted the 30-share BSE Sensex to 60,268.29. The NSE Nifty index as a whole increased by 119.4 points to 17,978.85.
Tech Mahindra, Bharti Airtel, Tata Steel, HCL Technologies, Tata Consultancy Services, Tata Motors, Wipro, IndusInd Bank, Mahindra & Mahindra, and Infosys were the top gainers from the Sensex pack.
Only Titan and ICICI Bank lagged behind.
Hong Kong, Shanghai, and Seoul’s equity markets saw positive trading activity elsewhere in Asia.
On Friday, US markets ended sharply higher.
On Friday, the Sensex fell 452.90 points, or 0.75 per cent, to close at 59,900.37. To finish at 17,859.45, the Nifty lost 132.70 points or 0.74 per cent.
Brent crude, the international standard for crude oil, increased by 1.06 per cent to USD 79.40 per barrel.
According to exchange data, foreign institutional investors (FIIs) sold shares on Friday for a total of 2,902.46 crores.
