INSUBCONTINENT EXCLUSIVE:
NEW DELHI: The benchmark indices extended their winning streak to the fifth consecutive session and opened in the green on Monday following
mixed global cues ahead of the US Fed Policy meet to be held on Wednesday.
Asian share markets were trading on a cautious note hobbled by
mounting risks to global growth
Although, a dip in crude oil prices provided a lift to investor sentiment back home.
Around 9:30 am, the BSE Sensex was trading 230.77
points, or 0.64 per cent higher at 36,193.70, while its NSE counterpart Nifty rallied 55.05 points, or 0.51 per cent, to 10,860.50
In the 30-share index, 27 stocks gained while just three declined
Vedanta was among the top Sensex gainer, rallying nearly 5 per cent after Sterlite Copper, a subsidiary of Vedanta Ltd, Saturday welcomed
the National Green Tribunal (NGT) order allowing the company to resume operations at its unit at Tuticorin, Tamil Nadu
Other gainers on Sensex included Powergrid, NTPC, Coal India, Adani Ports and YSE Bank.
On the other hand, Hero Moto Corp Was the biggest
drag on the index, followed by LT and Asian Paints.
Among Nifty stocks, 40 advanced while 10 declined
On the BSE sectoral front, barring IT, telecom, realty and teck all the other sectoral indices witnessed gains with BSE power surging the
most.
BSE Midcap was trading with a gain of 0.49 per cent while the BSE Smallcap gained 0.26 per cent.
