Stock market live updates: The key benchmark indices were firmly higher in Monday’s early trade amid broad-based buying.Â
The BSE Sensex rose 500 points to 53,300 and the NSE Nifty50 was above 15,900, up 150 points. Reliance, ICICI Bank, HDFC twins and SBI were leading the upmove.
The broader markets were also positive. The BSE MidCap and SmallCap indices were up to 1 per cent higher.
Sectorally, Metals, Auto, Realty, Energy and PSBs gained the most on Nifty, up 1-2 per cent. On the flip side, Pharma, FMCG and IT pockets were weak.
Shares of Ambuja Cement and ACC rallied up to 6 per cent on the BSE after the Adani Group announced the acquisition of Swiss cement major Holcim’s stake in all its Indian operating entities for $10.5 billion (around Rs 81,361 crore), including the open offers. Read more
