Domestic stocks ended higher driven by auto and realty stocks, but closed lower from the intraday highs, on Monday’s trading session.
The Sensex front-line index settled 87-pts higher to close at 38,214.47, whereas the broader Nifty50 gained 36-pts to settle at 11,341.
ONGC, Tata Motors, Bharti Airtel, UltraTech and Sun Pharma topped in the Nifty50. Infosys, PowerGrid, Bajaj Finserve, Band Power Grid led the losses.
Auto stocks drove higher, with the Nifty Auto index rising 1.47% at close. Tata Motors closed higher at 127.40 up 5.03% followed by Motherson Sumi and Bhyara Forg up to 2.8%, Also, Maruti Suzuki and Escorts also went up higher as media reports suggested strong festive sales. Get best stock Tips from the experts.
DLF Ltd spurted 6.08% and lifted the Nifty Realty index rising 1.64% at 251.35
Among, Major sectoral stocks, the Nifty Bank closed 0.39 percent higher at 28,153, up by 110 points at close.
The Nifty metal index surged 0.89 percent to settle at 2,358, while the Information Technology index ended 0.32 percent lower to settle at 15,272
Consumer gauge Nifty FMCG closed with marginal gains, up 0.47 percent at 30,560.40, while the Auto index ended higher, rising 1.47 percent to settle at 7,506. For Free stock tips visit our website.