Bombay Stock Exchange (BSE) in Mumbai | photo credit: kunal patil
Equity benchmarks climbed in early trade on Monday after falling in the last two trading sessions.
BSE’s 30-share benchmark Sensex rose 127.48 points to 61,465.29 after a positive opening. The broader NSE Nifty climbed 37.85 points to 18,306.85.
From the Sensex pack, Power Grid, ITC, Bharti Airtel, Nestle, Bajaj Finserv, Bajaj Finance, Mahindra & Mahindra and HDFC were the major winners.
Tata Motors, IndusInd Bank, Larsen & Toubro were among the laggards.
Elsewhere in Asia, equity markets in Seoul, Tokyo, Shanghai and Hong Kong were trading lower.
US markets closed down on Friday.
On Friday, the BSE benchmark closed 461.22 points or 0.75 per cent lower at 61,337.81. The Nifty closed at 18,269, down 145.90 points or 0.79 per cent.
International oil benchmark Brent crude climbed 1.10 per cent to $79.91 a barrel.
Foreign institutional investors (FIIs) sold shares worth Rs 1,975.44 crore on Friday, according to exchange data.