Sensex Opens 200 Points Higher, Nifty Tops 15,790

Sensex jumped over 200 points tracking gains in index heavyweights HDFC Bank, TCS and Reliance, as Nifty too rose 0.41 per cent, in early trade on Monday.

Covid-19 numbers continued to fall countrywide, with single-day rise of 39,796 infections and 723 fatalities reported by the government.

The 30-share BSE index was trading 211.04 points or 0.40 per cent higher at 52,695.71 in initial deals. The broader NSE Nifty inched 65.10 points up, to 15,787.30.

Bajaj Auto was the top gainer in the Sensex pack, rising over 1 per cent, followed by Tata Steel, Axis Bank, Bajaj Finserv, HDFC Bank, TCS and Reliance Industries, while Tech Mahindra, Dr Reddy’s and HDFC lagged.

In the previous session, Sensex ended 166.07 points or 0.32 per cent higher at 52,484.67, while Nifty advanced 42.20 points or 0.27 per cent up at 15,722.20.

Foreign institutional investors (FIIs) were net sellers in the capital market as they offloaded shares worth Rs 982.80 crore on Friday, as per provisional exchange data.

Elsewhere in Asia, bourses in Seoul and Shanghai were trading with gains in mid-session deals, while Tokyo and Hong Kong were in the red.

Meanwhile, international oil benchmark Brent crude fell 0.09 per cent to $76.10 per barrel.