Sensex Rises 216 Points, Nifty Above 24,800; Metals and Autos Lead Gains.
Indian equities opened higher on Monday, with JSW Steel, Tata Steel, Tata Motors, M&M, Wipro, Adani Enterprises, and Eicher Motors driving the rally.
BSE Sensex: 80,926 (+216 points / 0.27%)
Nifty50: 24,802 (+61 points / 0.25%)
Broader markets: Nifty MidCap +0.4%, Nifty SmallCap +0.35%
Sector highlights:
Metal index: +1.25% (top performer)
Auto index: +0.75%
Realty index: +0.77%
Pharma index: -0.4%
Global markets: Asian shares gained as investors awaited Japan’s Q2 GDP and China’s August trade data. Japan’s Nikkei 225 jumped 1.7%, while South Korea’s KOSPI rose 0.21%.
Meanwhile, US markets ended lower on Friday, with the S&P 500 down 0.32%, the Dow Jones down 0.48%, and the Nasdaq down 0.03%, after weaker-than-expected US jobs data raised concerns over economic recovery.
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