Mumbai : After a series of declines that continued for six consecutive sessions, both the major stock market indices finally settled at a positive level in Monday’s trade. The Sensex gained 237 points, mainly on the back of optimism in major European markets.
The entire session on Monday was marked by volatility and volatility. External positives led to selective buying in stocks in the IT, financial services and healthcare sectors. At the same time, concerns over a possible global economic downturn have led to a surge in profits from stocks of metals, consumer goods, oil and gas as well as capital goods. However, the Sensex gained 237.42 points (0.46 per cent) to close at 51,597.84. During the day, the Sensex touched a high of 51,714 points and a daily low of 51,062 points. On the other hand, the Nifty gained 56.65 points (0.37 per cent) to close at 15,350.15. Positive global art led to buying in large-cap stocks in the domestic market, while mid-cap and small-cap stocks continued to decline. As a result, cakes in this category reached a 52-week low.