ICICI Bank, Tech Mahindra, ITC, HCL Technologies, Tata Steel, Axis Bank, Reliance Industries, IndusInd Bank and HDFC Bank were the top gainers in the early trade.
ICICI Bank, Tech Mahindra, ITC, HCL Technologies, Tata Steel, Axis Bank, Reliance Industries, IndusInd Bank and HDFC Bank were the top gainers in the early trade.
Benchmark indices opened on a positive note on Monday tracking gains in major indices Reliance Industries, ICICI Bank and HDFC Bank amid a mixed trend in global markets.
The BSE Sensex climbed 286.36 points to end at 59,089.69 in early trade. Similarly, the NSE Nifty rose 77.9 points to 17,617.35.
ICICI Bank, Tech Mahindra, ITC, HCL Technologies, Tata Steel, Axis Bank, Reliance Industries, IndusInd Bank and HDFC Bank were the top gainers in the Sensex pack.
Conversely, Nestle, PowerGrid, Mahindra & Mahindra, Dr Reddy’s and Hindustan Unilever were among the laggards in the opening trade.
On Friday, the BSE benchmark closed at 58,803.33 with a gain of 36.74 points or 0.06% in the previous session. Nifty closed 3.35 points or 0.02% lower at 17,539.45.
Elsewhere in Asia, markets in Seoul, Tokyo and Hong Kong were trading lower on Monday, while Shanghai was quoted in the green in mid-session deals.
On Friday, the US markets closed with a fall. Equities in Europe ended on a higher note on Friday.
Meanwhile, international oil benchmark Brent crude jumped 1.9% to $94.79 a barrel.
Foreign institutional investors (FIIs) offloaded shares worth a net Rs 8.79 crore on Friday, according to exchange data.