Indian equities opened higher on Monday, taking cues from strong Asian and US markets. Infosys, TCS, Tech Mahindra, HCL Tech, Bajaj Finance, NTPC, Trent, Ultratech Cement, Asian Paints, and Tata Steel led the Sensex rally, gaining up to 2%.
At 9:40 hours, the 30-share benchmark index was trading at 81612.52 up by 305.67 points or by 0.38 % and then NSE Nifty was at 24947.3 up by 77.2 points or by 0.31 %.
Sensex touched intraday high of 81639.11 and intraday low of 81453.89 The NSE Nifty touched intraday high of 24961.35 and intraday low of 24915
The top gainers of the BSE Sensex pack were Infosys Ltd. (Rs. 1528.25,+2.73%), Tata Consultancy Services Ltd. (Rs. 3126.05,+2.37%), HCL Technologies Ltd. (Rs. 1499.00,+2.22%), Mahindra & Mahindra Ltd. (Rs. 1537.00,+2.20%), Bajaj Finance Ltd. (Rs. 904.70,+1.12%), among others.
The top losers of the BSE Sensex pack were Bharti Airtel Ltd. (Rs. 1921.45,-0.59%), ICICI Bank Ltd. (Rs. 1428.00,-0.57%), Eternal Ltd. (Rs. 317.45,-0.45%), ITC Ltd. (Rs. 396.80,-0.38%), Nestle India Ltd. (Rs. 1158.45,-0.29%), among others.
IT index was at 35629.29 up by 860.42 points or by 2.47%. R Systems International Ltd. (Rs. 485.15,+8.34%), Newgen Software Technologies Ltd. (Rs. 927.00,+7.06%), InfoBeans Technologies Ltd. (Rs. 713.45,+5.28%), Netweb Technologies India Ltd. (Rs. 2423.25,+4.38%), Zensar Technologies Ltd. (Rs. 825.50,+4.12%),.
FMCG index was at 20485.19 down by -36.96 points or by -0.18%. Globus Spirits Ltd. (Rs. 1217.45,-2.53%), Tilaknagar Industries Ltd. (Rs. 480.25,-1.73%), Avadh Sugar & Energy Ltd. (Rs. 436.65,-1.44%), Sula Vineyards Ltd. (Rs. 263.80,-1.36%), Mrs. Bectors Food Specialities Ltd. (Rs. 1356.70,-1.31%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3639 , shares advanced were 2037 while 1388 shares declined and 214 were unchanged.