Sensex rises 583 points, Nifty tops 25,000 as IT and banking stocks lead rally
MUMBAI: The Indian stock markets continued their winning streak for the third straight session on Monday, driven by strong buying in the IT and banking shares.
MUMBAI: The Indian stock markets continued their winning streak for the third straight session on Monday, driven by strong buying in the IT and banking shares.
The benchmark Sensex jumped 582.95 points, or 0.72 per cent, to close at 81,790.12, while the Nifty rose 183.4 points, or 0.74 per cent, to end the day at 25,077.
“From a technical perspective, Nifty has successfully broken above the key psychological and technical resistance level of 25,000, turning the structure decisively positive,” analysts said.
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