LIVE market updates: The Indian benchmark indices added to their early gains and traded nearly two per cent higher in Monday’s noon deals amid favourable global cues and further fall in daily Covid-19 cases across the country.
The S&P BSE Sensex rose 825 points, or 1.7 per cent, to 49,560 levels and the Nifty50 index topped the 14,900-mark. IndusInd Bank, ICICI Bank and SBI were the top gainers as they added up to 6 per cent. On the other hand, Airtel, L&T and Sun Pharma were the top losers.
The Nifty sectoral indices traded mixed, with Nifty PSU Bank index, up 3.3 per cent, leading the gainers.
Broader markets tracked the gains in the benchmarks, and the S&P BSE MidCap and SmallCap indices were trading 1 per cent higher, each.