Share Market Today: Sensex Jumps 131 Points; Nifty Settles Above 23,500. M&M Gains 2.69%

Share market today: The two key equity benchmarks, Sensex and Nifty, on Monday closed in the green after the indices recouped their losses amid mixed global sentiment. The BSE Sensex rose 131 points to end at 77,341. On the other hand, the NSE Nifty50 closed at 23,538, rising 37 points.

Stock update

On the 30-share Sensex platform, M&M (2.69 per cent), PowerGrid, Sun Pharma, Nestle, UltraCemco, ICICI Bank emerged gainers. On the down side, IndusInd Bank, Adani Ports, Tata Steel, Reliance, Axis Bank, Bajaj Finance were among the losers.

In the broader markets, the BSE Midcap and Smallcap indices closed with gains of 0.37 per cent and 0.27 per cent, respectively.

Sectoral update

Sectorwise, capital goods, auto, FMCG, telecom, and power indices advanced 0.5-1 per cent. On the other hand, Nifty Media index dropped 1.8 per cent, followed by Nifty Metal and PSU Bank indices (down 0.6 per cent each).

In the previous session on Friday, the BSE Sensex ended 269 points lower at 77,210 while NSE Nifty50 declined 66 points to 23,501.

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