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    Stock Market Updates: Sensex Rises 330 Points; Nifty Above 24,750; PSU Banks Rally | Markets News

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    Indian benchmark equity indices opened on a positive note on Monday

    Sensex, Nifty

    Sensex, Nifty

    Sensex Today: Benchmark Indian equity indices opened higher on Monday as the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) began its three-day meeting.

    At the opening bell, the BSE Sensex climbed 162.31 points to 80,588.77, while the Nifty 50 advanced 73.85 points to 24,728.55.

    On the BSE, BEL, Eternal, and Tata Steel led the gainers’ list, while Hindustan Unilever, Maruti Suzuki, and Axis Bank were among the top drags.

    On the NSE, BEL, Eternal, and M&M were the leading gainers, with Hindustan Unilever, Axis Bank, and Maruti Suzuki weighing on the index.

    The broader market also edged higher: the Nifty SmallCap 100 gained 0.18%, and the Nifty MidCap 100 added 0.33%.

    Among sectors, Nifty Realty led the advance, rising 0.87%, followed by Nifty Metal, up 0.7%. On the downside, the Nifty FMCG index slipped 0.7%.

    Global Cues

    Globally, investors are watching the UK’s money supply data, Euro Area’s economic sentiment figures, and Japan’s BoJ JGB purchase data. The Reserve Bank of Australia also commences its two-day policy meeting today.

    In Asia-Pacific trade, markets were mixed. Australia’s S&P/ASX 200 gained 0.43 per cent, South Korea’s Kospi rose 1.05 per cent, while Japan’s Nikkei 225 slipped 0.68 per cent.

    Aparna Deb

    Aparna Deb

    Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

    Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

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