This week will be dominated by the corporate earnings releases and the highly anticipated Federal Open Market Committee (FOMC) meeting scheduled for April 30 to May 1.
BSE 30-share Sensex went up 345 points and settled higher at 62,846 while NSE Nifty surged 99 points and ended at 18,599. Nifty had an intra-day high of 18,641. The Bank Nifty hit a fresh all-time high at 44,483. BSE banking index eventually ended 0.7 per cent higher at 44,312.
The benchmark indices of the domestic equity markets on Monday recovered the losses made on Friday, tracking strong global cues. The better-than-estimates earnings also helped investors' sentiments.
Key indices BSE Sensex went up 600 points and settled at 61,032.26 while NSE Nifty surged 157 points to 17,928.10. According to NSE data, The Nifty IT index rose 0.99 per cent to 30,588.75. The index had fallen 2.26 per cent in the past two sessions.
Mumbai (Maharashtra) [India], October 14 (ANI): The Indian stock market's benchmark Sensex rallied 685 points on Friday led by strong buying support in IT and banking stocks amid positive cues from the global equities.
Mumbai (Maharashtra) [India], September 12 (ANI): The Indian stock market's benchmark Sensex jumped 322 points on Monday led by strong buying support in heavyweights Reliance Industries Limited and TCS.
Mumbai (Maharashtra) [India], September 12 (ANI): The Indian stock market's benchmark Sensex was trading 388 points higher in the afternoon session on Monday led by strong buying support in heavyweights Reliance Industries Limited and TCS.
Mumbai (Maharashtra) [India], August 16 (ANI): The Indian stock market's benchmark Sensex was trading 300 points higher in the afternoon session on Tuesday led by strong buying support in auto, FMCG and banking stocks amid positive global cues.
Mumbai (Maharashtra) [India], August 1 (ANI): Extending the rally to the fourth consecutive trading session the Indian stock market's key indices started the new month on a positive note with benchmark Sensex trading 398 points higher in the afternoon session on Monday led by strong buying s