Markets Open Higher: Sensex Rallies Over 600 Points, Nifty Crosses 25K
The Indian markets began trading this week on a robust note, with both benchmark indices, Sensex and Nifty, rallying ahead on Monday. In the pre-open market minutes, the BSE Sensex climbed more than 200 points and traded above 81,900, while around 9:09 AM, the NSE Nifty50 gained over 50 points and crossed 24,900.
As markets opened, the indices maintained the strong sentiment and continued to trade higher. Around 9:17 AM, the Sensex soared more than 500 points and inched closer to the 82,250 mark, while the Nifty jumped almost 140 points to test 25K in the session.
On the 30-share Sensex platform, Eternal remained the only exception in red and fell close to 3 per cent in the morning hours. Meanwhile, the gainers were dominated by M&M, PowerGrid, TechM, Tata Motors, and NTPC.
In the broader markets, the sentiment across indices remained positive. The Nifty Microcap 250 drove the gains and surged 0.89 per cent. Sectorally, the Metal and Auto indices led in green and climbed 0.94 per cent and 0.91 per cent respectively.
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