Sensex jumps over 100 pts, Nifty tops 24,900 as IT, bank stocks rise
Indian equity benchmarks Sensex and Nifty opened higher on Monday, propelled by advances in banking and IT stocks. Investor sentiment received a boost from recent central bank lending reforms, as traders also positioned themselves ahead of the busy quarterly earnings season. The Sensex climbed 0.15%, while the Nifty gained 0.18% at the open.
Indian equity benchmarks Sensex and Nifty opened higher on Monday, propelled by advances in banking and IT stocks. Investor sentiment received a boost from recent central bank lending reforms, as traders also positioned themselves ahead of the busy quarterly earnings season. The Sensex climbed 0.15%, while the Nifty gained 0.18% at the open.
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