Sensex Holds 350-Point Lead, Nifty Above 15,850 Led By RIL, Infosys

Buying was visible across the sectors as all the 19 sector gauges compiled by the BSE were trading higher led by the S&P BSE Realty index's 5% surge.

The Indian equity benchmarks were trading firmly higher on Monday led by gains in index heavyweights Reliance Industries, Infosys, Tata Consultancy Services, Axis Bank and Titan. The Sensex rose as much as 389 points and Nifty 50 index was trading firmly above its important psychological level of 15,850. The benchmarks staged a gap up opening taking cues from strong trend in other Asian markets and traded firmly higher thereafter. As of 1:38 pm, the Sensex was up 353 points and Nifty 50 index advanced 114 points to 15,877. European markets were also trading higher as England's FTSE 100 index rose 0.94 per cent, France's CAC40 index advanced 0.84 per cent and Germany's DAX advanced 0.3 per cent. Buying was visible across the sectors as all the 19 sector gauges compiled by the BSE were trading higher led by the S&P BSE Realty index's 5 per cent surge. Consumer Discretionary Goods & Services, Energy, Industrials, Auto, Consumer Durables ad Oil & Gas indices also over 1 per cent.