Mumbai, June 9 (IANS) Indian stock markets closed in green mark on Monday. At the end of the trading, the Sensex rose by 256.22 points or 0.31 per cent to 82,445.21 and the Nifty was up 100.15 points or 0.40 per cent to 25,103.20.
The fast was led by the Nifty Bank and made a new all -time high of 57,049.50. At the end of the trading, the Nifty Bank rose 261.20 points or 0.46 percent to close at 56,839.60.
Midcap and smallcap stocks saw a boom compared to largecap. The Nifty Midcap 100 index rose by 664.65 points or 1.13 per cent to 59,674.95 and the Nifty Smallcap 100 index at 290.95 points or 1.57 per cent to 18,873.40.
Auto, IT, PSU bank, financial services, pharma, metal and media index closed in green mark on sectoral basis. Only the Nifty Realty Index closed in the red mark.
The Sensex pack was Kotak Mahindra Bank, Bajaj Finance, Axis Bank, Power Grid, IndusInd Bank, Maruti Suzuki, Bajaj Finserv, NTPC, TCS and Tata Motors top gainers. Eaterial (Zomato), ICICI Bank, Titan, M&M and Tata Steel were the top losets.
Vinod Nair, Head of Research Limited, Giyoned Investment Limited, said that the impact of aggressive cuts in the repo rate and CRR by RBI was still seen in financial shares. These steps have increased the confidence of investors and expected that liquidity will increase in close periods. The new update regarding positive employment data and US-China trade talks in the US has worked to improve the global sentiment. At the domestic level, large companies have shown new pace due to the flow of FIIs. ”
The Indian stock market started positive. At around 9.26 am, the Sensex was trading at 379.01 points or 0.46 percent to 82,568, while the Nifty was trading at 116.15 points or 0.46 percent to 25,119.20.
-IANS
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