Indian equity markets closed firmly in the green on Monday, supported by positive global cues and steady buying in select sectors. The Sensex rose 638 points to close at 85,567, while the Nifty 50 gained 206 points to settle at 26,172.
Markets opened on a positive note after GIFT Nifty signalled a gap-up start, tracking overnight gains on Wall Street and a stronger trend across Asian markets. Investor sentiment remained upbeat through the session, helping benchmarks hold on to gains.
Among sectoral performers, IT and metal stocks emerged as top gainers, benefiting from firm global cues and stable commodity prices. Select auto stocks also traded higher. On the other hand, FMCG shares underperformed, while banking stocks showed mixed trends amid cautious buying.
In the broader market, mid-cap and small-cap stocks also ended higher, reflecting wider participation from investors. Market breadth remained positive with more stocks advancing than declining.
Analysts said the market continues to draw support from favourable global trends, though domestic triggers remain limited. They added that the Nifty is facing resistance near the 26,200–26,300 levels, while immediate support is seen around 26,000.
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