Indian Markets Open Strong: Sensex–Nifty Gain as Global Cues Turn Positive

The Indian stock market began the week on a positive note, supported by strong global cues. Almost all sectors witnessed gains, leading to an upward movement in both Sensex and Nifty.

Investors are closely watching the upcoming US economic data, which will influence the Federal Reserve’s December interest rate decision. Positive international market trends also pushed the domestic indices higher.

Sensex & Nifty Performance

Compared to the previous session’s close at 84,562, the Sensex opened on Monday with a gain of nearly 150 points, continuing the same trend.
At 9:45 AM, the Sensex was trading with a 254-point gain at 84,817.
Nifty followed the same direction and was trading with a 58-point gain at 25,967.

Top Gainers & Losers

Gainers (Sensex stocks):

Hero MotoCorp

Marico

Canara Bank

Voltas

Bank of Baroda

Losers:

Glenmark

Astral Ltd

PG Electroplast

Supreme Industries

Phoenix Mills

The Nifty Midcap Index was up by 345 points, while the Bank Nifty gained 367 points.
The Indian rupee stood at ₹88.72 against the US dollar.