TIWN
Mumbai, Sep 13 (TIWN) Benchmark indices ended higher with Sensex and Nifty both closing over 60,000 and 18,000 respectively, due to firm inflows from foreign investors and improving macro parameters.
At close, Sensex ended up 321.99 points or 0.54 per cent at 60,115.13, while Nifty closed up 103.00 points or 0.58 per cent at 17,936.35. About 2,189 shares advanced, 1,394 shares declined and 176 shares remained unchanged on Monday. Titan, Axis Bank, Tech Mahindra, Tata Steel and Infosys were the major gainers on the Sensex. BSE largecap was up 0.64 per cent, while smallcap and midcap closed 1 per cent and 0.89 per cent up. "Firm global market cues triggered an upsurge in local benchmark indices as Sensex closed above the crucial 60,000-mark on buying in IT and realty stocks. In recent sessions, falling global crude oil prices and sliding US dollar index have encouraged domestic investors to increase their equity exposure," said Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities Ltd. Among sectors, realty, consumer durables and IT indices rose the most. The broader markets outperformed the Nifty as the midcap index was up 0.89 per cent and the smallcap index was up 1 per cent. Advance decline ratio was positive at 1.64:1.
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