Moneycontrol
Last Updated : Jul 09, 2018 05:14 PM IST | Source: Moneycontrol.com

Markets@Moneycontrol: Indices open the week on high note, Sensex ends almost 300 pts higher

In the broader markets, midcaps had a good day of trade as they outperformed frontliners.

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Moneycontrol News 

Equity benchmarks began the week on a strong note on Monday on positive global cues and ahead of June quarter earnings. Banks and metals stocks, and Reliance Industries, L&T and Infosys drove the market higher.

The 30-share BSE Sensex rose 276.86 points or 0.78 percent to 35,934.72 and the 50-share NSE Nifty gained 80.20 points or 0.74 percent at 10,852.90 while the Nifty Midcap index rallied 1.6 percent.

In the broader markets, midcaps had a good day of trade as they outperformed frontliners. The Nifty Midcap index surged 291 points. There was a last hour surge seen in these stocks that led to this upmove on D-Street.

Meanwhile, banks, too, gained led by gains in names such as Karnataka Bank, which was up over 7 percent in the trade.

For more, watch the Markets@Moneycontrol show as Moneycontrol correspondent Uttaresh Venkateshwaran talks to Anchal Pathak about what moved the markets today.

First Published on Jul 9, 2018 05:09 pm
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