Sensex Today: Indian equity markets kicked off the holiday-shortened week on a positive note on Monday, extending Friday’s rally despite mixed global cues, with buying interest seen in information technology
and metal stocks.
At around 9:20 am, the Nifty50 was trading at 26,115.90, up 146.75 points or 0.57 percent, while the Sensex stood at 85,376.14, gaining 446.78 points or 0.53 percent.
Infosys, Tech Mahindra, Tata Steel, BEL, Adani Ports, HCL Technologies, Sun Pharma and Maruti Suzuki emerged as the top gainers, rising as much as 3 percent. On the other hand, UltraTech Cement, Power Grid and M&M were the only stocks trading in the red.
On the sectoral front, the Nifty IT index climbed more than 1 percent to lead the gains, followed by strength in the Nifty Media and Consumer Durables indices.
Global cues
Asia-Pacific markets were trading higher after China’s central bank kept its loan prime rates unchanged on Monday. Japan’s Nikkei 225 was up 1.86 percent, South Korea’s KOSPI gained 1.9 percent, while Australia’s S&P/ASX 200 advanced 0.83 percent in early trade.
On Friday, US markets ended sharply higher for a second straight session, led by gains in AI-related stocks as risk appetite returned following recent volatility. The S&P 500 climbed 0.88 percent, the Nasdaq Composite rose 1.31 percent, and the Dow Jones Industrial Average added 0.38 percent.
