INSUBCONTINENT EXCLUSIVE:
Equity benchmark Sensex climbed over 230 points to reclaim the 61,000-mark on Monday, propelled by robust buying in bank, auto and metal
stocks amid a firm trend in global equities.
A strong rupee against the US dollar and persistent foreign capital inflows also supported the
domestic equities, traders said.Rising for the second straight day, the 30-share BSE Sensex ended 234.79 points or 0.39 per cent higher at
61,185.15 after a choppy session
The index witnessed a high of 61,401.54 and a low of 60,714.36 during the session.
The broader NSE Nifty rose by 85.65 points or 0.47 per
cent to end at 18,202.80 points.
State Bank of India (SBI) topped the Sensex gainers' chart, jumping 3.44 per cent, after the country's
largest lender on Saturday posted its highest-ever quarterly profit at Rs 13,265 crore, up 74 per cent year-on-year, for the September
quarter, buoyed by robust loan sales, higher interest income and lower provisions.
Tata Steel, ICICI Bank, UltraTech Cement, M-M, Maruti,
PowerGrid and HDFC Bank were among the other major winners, climbing up to 1.81 per cent.
In contrast, Asian Paints, Bajaj Finserv, Sun
Pharma, Titan, Kotak Bank and Dr Reddy's were among the laggards, dropping as much as 2.37 per cent
a clear direction but it ended up making gains
lifting Covid restrictions and stronger US jobs data showed that the US economy is expanding, helped market
edited by Business Standard staff and is auto-generated from a syndicated feed.)
