Indian markets closed in the green on Monday starting the week on a good note.
The BSE Sensex was up 62 points (0.3 per cent) from its previous close and closed at 20,101. The NSE Nifty, which ended the day at 6,082, closed up 18 points (0.3 per cent) from its previous close.
“The index remained in a range of 6,065-6,095 levels and witnessed a choppy session at higher levels. European indices were showing strength in early trade while Asian markets were in the negative. Market breadth was marginally negative and volumes were lower than the last day. Nifty closed on a positive note at 6,082.30 level, up by 0.30 per cent from last trading day,” said Nidhi Sarswat, Senior Research Analyst, Bonanza Portfolio.
On the BSE, the indices that moved up more than one per cent were capital goods (1.5 per cent), oil & gas (1.3 per cent) and FMCG (1.06 per cent). The BSE realty index was down more than one per cent.
Among the Sensex stocks, the top five gainers were Reliance Industries, BHEL, L&T, Maruti and Bharti Airtel. On the NSE, the top five laggards were Sun Pharma, Tata Motors, NTPS, TCS and Cipla.
“Spicejet gained 5 per cent after the company declared quarterly profit of Rs 102 crore, mainly helped by more international flights and relatively lower fuel expenses. These results also generated strong buying interest in Jet Airways, which is already buoyant on back of stake sale buzz. Jet Airways was up 5 per cent,” said Milan Bavishi, Head Research, Inventure Growth & Securities.
The other movers include United Breweries, Reliance Communications and JSW Energy.