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Market Highlights: Sensex rallies 936 factors, Nifty settles at 16,871 aided by banks and IT shares

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Share/Stock Market Highlights: The benchmark fairness indices on BSE and National Stock Exchange (NSE) prolonged their successful momentum for the fifth consecutive session, rallying round 1.5 per cent larger on Monday led by banking, financials and IT shares.

The S&P BSE Sensex climbed 935.72 factors (1.68 per cent) to settle at 56,486.02 whereas the Nifty 50 gained 240.85 factors (1.45 per cent) to finish at 16,871.30. Both the indices had opened on a flat observe earlier within the day and inched larger because the commerce progressed.

On the Sensex pack, features on Monday had been led by Infosys, HDFC Bank, State Bank of India (SBI), Maruti Suzuki India, Axis Bank, ICICI Bank, Wipro, Housing Development Finance Corporation (HDFC) and Titan Company. On the opposite hand, Hindustan Unilever (HUL), Sun Pharmaceutical Industries, Dr. Reddy’s Laboratories and Tata Steel had been the laggards.

(with inputs from companies)