Sensex spurts 389 points, Nifty up 135 as oil, metal stocks recover
The Hindu
Among major Sensex movers, Reliance Industries soared by 3.29% as energy prices rose due to the war in Ukraine
Benchmark BSE Sensex recovered from early lows to close higher by 389 points on Monday, supported by gains in index heavyweights Reliance Industries, ICICI Bank and Infosys.
The 30-share barometer closed at 56,247.28, up by 388.76 points or 0.70%.
After a weak opening, the barometer had plunged more than 1,025 points to the day's low of 54,833.50 in line with weak global sentiments.
The broader Nifty of the National Stock Exchange jumped by 135.50 points or 0.81% to settle at 16,793.90.
As many as 33 Nifty scrips advanced while 17 declined.
Among major Sensex movers, Reliance Industries soared by 3.29% as energy prices rose due to the war in Ukraine.
Tata Steel emerged as the lead gainer among Sensex scrips, jumping by 6.61%.
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