Stock Market: Sensex Rises 250 Points, Nifty Trades Above 19,900. Adani Stocks Lead

The two key equity benchmarks, Sensex and Nifty, on Monday edged higher in early morning trade on an upbeat note. At 9.40 am, the BSE Sensex went up 251 points to 66,850. On the other hand, the NSE Nifty was trading at 19,906, up 86 points.

On the 30-share Sensex platform, HCL, SBI, Tata Motors, Maruti, TCS, UltraCemco were among the lead gainers. On the downside, NTPC, Titan, Airtel, and IndusInd Bank emerged losers. Adani Ports, Adani Enterprises, Jio Financial, Tata Motors and HCL Technologies were among major gainers on the Nifty.

In the broader markets, the BSE Midcap and Smallcap indices gained 0.8 per cent each.

Sectorally, all the indices were in the green, with the Nifty PSB index leading gains by rising 0.9 per cent, auto and metal pockets held firm gains of 0.6 per cent each.

In the previous session on Friday, the S&P BSE Sensex settled 333 points higher at 66,599, while the NSE Nifty that hit a high of 19,867 closed with a gain of 93 points at 19,820.