Nifty and Sensex close 0.5% higher each; Banking stocks shine.

The benchmark equity indices ended Monday’s trading session in positive territory. The NSE Nifty 50 rose 133.65 points or 0.58% to settle at 23,336.85, while the BSE Sensex jumped 402.92 points or 0.53% to end the day at 77,022.25.

The broader indices closed the counter higher on Monday, the Nifty Midcap 100 closed the session 0.79% higher at 55,041.70.

Outperforming other indices, the Bank Nifty index climbed 797.90 points or 1.64% to close at 49,338.50. In the broader markets, small-cap and mid-cap stocks inched higher. However, the volatility index India VIX surged 4.5% to 16.46.

Source: FINANCIALEXPRESS

Leave a Reply