LIVE market updates: The Indian benchmark indices were parked near the day’s high, up over half a per cent, in Monday’s noon deals, lifted by gains in public sector banks, pharma, and metal stocks.
The S&P BSE Sensex rose 350 points, or 0.7 per cent, at 49,570 levels and the Nifty50 index topped the 14,950-mark. Dr Reddy’s rose 2 per cent and was the top Sensex gainer, followed by ONGC, Titan, and Kotak Mahindra Bank (all up 1%).
The Nifty sectoral indices were painted green, led by Nifty Metal index, up 2.9 per cent.
In the broader markets, the S&P BSE MidCap and SmallCap indices ruled 0.8 per cent and 0.9 per cent higher, respectively.