INSUBCONTINENT EXCLUSIVE:
Buying across most sectors - especially metal stocks - pushed the markets higher
Domestic stock
markets clocked strong gains on Monday with the S-P BSE Sensex index soaring to a record high, tracking global peers on optimism about
US-China trade developments
The Sensex soared as much as 572.3 points to register an all-time high of 40,931.71 during the session, while the broader NSE Nifty 50 index
touched 12,084.50 at the strongest level of the session, but still 18.55 points away from its all-time high recorded in June this year
Buying across most sectors - especially metal stocks - pushed the markets higher
Here are five things to know about the big movement in markets today:The Sensex ended with a gain of 529.82 points - or 1.31
both the benchmark indices, ending 7.2 per cent higher after gaining as much as 8.23 per cent during the session.Market breadth favoured
On the National Stock Exchange (NSE), 1,111 shares advanced whereas 703 declined.Forty four stocks on the Nifty 50 index finished
higher.Other than Bharti Airtel, top gainers on the 50-scrip index were Bharti Infratel, Tata Steel, Hindalco and Grasim, rising between
3.69 per cent and 7.37 per cent.On the other hand, Zee Entertainment, ONGC, Yes Bank, Bharat Petroleum and GAIL - ending between 0.29 per
cent and 5.33 per cent lower - were the top Nifty laggards.Steelmakers JSW Steel and Tata Steel finished with gains of 3.48 per cent and
5.25 per cent respectively, as global metal prices jumped on positive signals from Washington on China.That helped the Nifty Metal index end
3.09 per cent higher for the day, marking its biggest single-day percentage gain in more than six months.Gains in other Asian markets on
per cent after US national security adviser Robert O'Brien on Saturday said an initial trade agreement with China was still possible by the
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