The Indian market maintained gains on Monday afternoon, largely led by Reliance Industries, Infosys, HDFC Bank and supported by Tata Consultancy Services and ICICI Bank.
NSE
The Sensex traded at 36,623, higher by 236 points, or 0.65 percent at 12.15 pm. The Nifty traded at 10,959, up by 52.50 points, or 0.48 percent.
Broader market indices underperformed with the Nifty MidCap down by 0.18 percent. The BSE MidCap was flat.
Among sectoral indexes, BSE Energy was leading the 23 advancing sector, while Nifty Realty was down by more than a percent, the weakest among 20 falling sectors.
Shares of Linde India recovered from a brutal two-day sell-off and surged more than 10 percent on Monday.
Shares of index heavyweight Reliance Industries jumped 3.25. Sun Pharma shares soared 2.75 percent while Infosys gained 2 percent. Bajaj Finserv and Tech Mahindra surged 1.68 and 1.45 percent, respectively. Tata Consultancy Services and HDFC Bank surged over a percent.
Wipro shares slipped 2.54 percent, while Hero MotoCorp, Indian Oil, Bajaj Auto, BPCL, Power Grid Corp, Maruti Suzuki and M&M, slipped between half a percent and 2 percent.
The rupee
traded at 71.37 against the US dollar, after opening at 71.34 against the greenback.
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Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
First Published:Jan 21, 2019 12:44 PM IST