LIVE market updates: The Indian benchmark indices added to their early gains and traded over one per cent in Monday’s noon deals amid favourable global cues and further fall in daily Covid-19 cases across the country.
The S&P BSE Sensex rose 600 points, or 1.2 per cent, to 49,330 levels and the Nifty50 index tested the 14,850-mark. State Bank of India and IndusInd Bank rose 4 per cent, each, and were the top Sensex gainers, followed by ICICI Bank and Bajaj Finserv (both up 3%).
The Nifty sectoral indices traded mixed, with Nifty PSU Bank index, up 3.3 per cent, leading the gainers.
Broader markets tracked the gains in the benchmarks, and the S&P BSE MidCap and SmallCap indices were trading 1 per cent higher, each.
Bharti Airtel, Federal Bank, Colgate-Palmolive and Orient Cement are among the 24 companies slated to post their quarterly results today.