Solid gains in the shares of IndusInd Bank (up 10.00 per cent) , ICICI Bank (up 6.49 per cent) , HDFC (up 4.20 per cent) , Hindalco Inds. (up 4.15 per cent) and Bajaj Finserv (up 4.13 per cent) gave a big lift to the NSE Nifty index on Monday, as the 50-pack rallied 257.5 points to trade at 13892.1 at 12:05PM (IST).
Overall, 41 of the index constituents traded with gains, while 9 shed weight.
Peer Sensex surged 913.97 points to 47199.74 at around the same time. On the other hand, the broader BSE Midcap index traded 166.05 points up at 18248.28.
Vodafone Idea, Tata Motors, SAIL, YES Bank and PNB were among the most traded securities on NSE (in volume terms) during the session so far, while in value terms, Tata Motors, ICICI Bank, IndusInd Bank, RIL and HDFC were among the chart toppers.
Meanwhile, shares of Sundaram Clayton, ICICI Bank, KNR Construct, Suzlon Energy and Max Healthcare have scaled their fresh 52-week highs so far. On the other hand, hit their new 52-week low levels.
The sectoral landscape was telling a story. BSE Bankex, which represents the segment that has maximum weightage in the index, was up 3.25 per cent, while the IT Index another major constituent was up 0.21 per cent. The auto index was up 2.01 per cent. Among others, Capital Goods index was up 1.88 per cent, Realty index up 3.17 per cent, Oil and Gas index up 1.4 per cent, Consumer Durables index up per cent, FMCG index up 0.3 per cent, Metals index up 2.75 per cent and Telecom index up 1.76 per cent.