Over the last three months the Sensex has rallied by 10%, driven by inflows of more than Rs 1.15 lakh crore by foreign portfolio investors beginning May 2023. The rally in the mid- and small-cap indices has been bigger around 19% and 18% respectively.
Reliance Industries, HDFC Bank, HDFC, Tata Motors, Divis Lab, Adani Enterprises, Grasim, Cipla, UltraCement, Tata Motors and Titan were among the top gainers at the open.
Indian equity benchmarks climbed on Monday soon after opening on a flat note as BSE Sensex jumped 361 points or 0.61 per cent to trade at 59,164 in early deals; while the broader NSE Nifty moved 103 points or 0.59 per cent to trade at 17,642.
Indian equity benchmarks on Monday surged despite weak cues from the Asian markets, led by strong interest in banking and metal stocks. The 30-share BSE Sensex jumped 443 points or 0.75 per cent to close at 59,246; while the broader NSE Nifty moved 126 points or 0.72 per cent to settle at 17,666.