Benchmark indices Sensex and Nifty ended higher for the fourth consecutive session on Monday, driven by a global market rally and improved investor sentiment following the RBI’s sharp 50 basis points rate cut.
The 30-share benchmark index was trading at 82445.21 up by 256.22 points or by 0.31 % and then NSE Nifty was at 25103.2 up by 100.15 points or by 0.4 %.
Sensex touched intraday high of 82669 and intraday low of 82369.24 The NSE Nifty touched intraday high of 25160.1 and intraday low of 25077.15
The top gainers of the BSE Sensex pack were Kotak Mahindra Bank Ltd. (Rs. 2138.50,+3.19%), Bajaj Finance Ltd. (Rs. 9608.30,+2.51%), Axis Bank Ltd. (Rs. 1219.85,+2.06%), IndusInd Bank Ltd. (Rs. 836.55,+1.62%), Power Grid Corporation of India Ltd. (Rs. 300.60,+1.61%), among others.
The top losers of the BSE Sensex pack were Eternal Ltd. (Rs. 256.85,-1.95%), ICICI Bank Ltd. (Rs. 1434.95,-1.68%), Titan Company Ltd. (Rs. 3534.80,-0.74%), Mahindra & Mahindra Ltd. (Rs. 3089.00,-0.52%), Adani Ports & Special Economic Zone Ltd. (Rs. 1466.90,-0.30%), among others.
Power index was at 6918.77 up by 97.43 points or by 1.43%. ABB India Ltd. (Rs. 6210.60,+2.58%), Siemens Ltd. (Rs. 3381.20,+2.55%), JSW Energy Ltd. (Rs. 534.85,+2.30%), CG Power and Industrial Solutions Ltd. (Rs. 694.25,+1.88%), NHPC Ltd. (Rs. 90.92,+1.83%),.
Realty index was at 8060.15 down by -9.14 points or by -0.11%. Brigade Enterprises Ltd. (Rs. 1254.00,-1.85%), Sobha Ltd. (Rs. 1658.45,-1.32%), Prestige Estates Projects Ltd. (Rs. 1708.70,-0.49%), Oberoi Realty Ltd. (Rs. 1900.00,-0.27%), Macrotech Developers Ltd. (Rs. 1512.10,-0.24%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4594 , shares advanced were 2931 while 1506 shares declined and 157 were unchanged.