Getty ImagesIT giant Infosys, the top boost to the NSE Nifty, ended 3 per cent higher a day prior to its quarterly results, while Hindustan Unilever closed down 2.8 per cent on margin woes.
Indian stock market ended higher for a second straight session on Monday after a weak start, in a recovery led by IT stocks benefitting from a depreciating rupee, while consumer discretionary stocks capped the gains, Reuters reported.
Sensex closed up 0.38 per cent at 34,865.10, while Nifty ended 0.38 per cent higher at 10,512.50.
IT giant Infosys, the top boost to the NSE Nifty, ended 3 per cent higher a day prior to its quarterly results, while Hindustan Unilever closed down 2.8 per cent on margin woes.
“Nifty50 managed to end with decent gains amid mixed cues. It opened marginally lower, tracking weak macroeconomic data and sluggish global cues. It hovered in a range thereafter and settled closer to the day's high, thanks to recovery in select index majors in latter half. Mixed trend was witnessed on sectoral front wherein pharma and IT were the top gainers,” said Jayant Manglik, President, Religare Broking.
Check out all the bulk deals on NSE and BSE from Monday’ session:
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