The stock market opened firm on Monday as the Sensex gained over 218 points to trade near 85,450, while the Nifty rose about 69 points to move past 26,137. Strong buying in IT and banking stocks supported the early uptrend, helping markets shrug off mixed global cues.
Technology shares led the rally, with Infosys, Tech Mahindra and HCL Technologies emerging as the top gainers in the opening session. Steady demand in large-cap IT counters helped boost sentiment across the broader market.
However, the advance was tempered by weakness in auto and defence-linked stocks. Bharat Electronics, Eternal and Mahindra & Mahindra were among the key losers, slipping in early deals as investors booked profits in select pockets.
Despite the mixed sectoral trend, overall sentiment remained constructive, with traders eyeing global market signals and domestic data releases to gauge whether the current momentum can sustain through the week.
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