Indian markets rise due to gains in realty, IT, bank stocks
Axis Bank, followed by Tata Motors, Infosys, Maruti Suzuki and NTPC were the biggest gainers on the Sensex.
The benchmark indices began the week with gains on Monday, aided by realty, information technology and some bank stocks, Mint reported. The BSE Sensex closed 155.06 points higher at 35,850.16, while the National Stock Exchange Nifty ended 44.45 points up at 10,771.80.
Axis Bank, followed by Tata Motors, Infosys, Maruti Suzuki and National Thermal Power Corporation were the biggest gainers on the Sensex. On the Nifty, the stocks which rose the most were Bharti Infratel, Axis Bank, Tata Motors, National Thermal Power Corporation and Grasim.
The biggest losers on the Sensex were Bajaj Auto, Yes Bank, Hero Motocorp, Bajaj Finance and Sun Pharmaceuticals. On the Nifty, the stocks which declined the most were Indiabulls Housing Finance, Bajaj Auto, Dr Reddy’s Laboratories, Eicher Motors and Yes Bank.
The rupee rose to a five-month high of 69.36 against the dollar in early trade, against the previous close of 69.73. At 4.43 pm, it was trading at 69.68 against the dollar.