Sensex, Nifty rally over 1% amid firm global market trends

UltraTech Cement, Mahindra & Mahindra, HDFC, Sun Pharma, HDFC Bank, Larsen & Toubro, Bajaj Finserv and Bajaj Finance were the major winners.

October 31, 2022 04:22 pm | Updated 04:22 pm IST - Mumbai

Fresh foreign fund inflows helped the stock market to log third day of gains. File

Fresh foreign fund inflows helped the stock market to log third day of gains. File | Photo Credit: PTI

Benchmark indices Sensex and Nifty ended over 1% higher on Monday, logging their third day of gains amid firm global market trends and fresh foreign fund inflows.

The 30-share BSE Sensex rallied 786.74 points or 1.31% to settle at 60,746.59. During the day, it jumped 826.85 points or 1.37% to 60,786.70.

On similar lines, the broader NSE Nifty advanced 225.40 points or 1.27% to end at 18,012.20.

From the Sensex pack, UltraTech Cement, Mahindra & Mahindra, HDFC, Sun Pharma, HDFC Bank, Larsen & Toubro, Bajaj Finserv and Bajaj Finance were the major winners.

Dr Reddy's, NTPC and IndusInd Bank closed lower.

Elsewhere in Asia, markets in Seoul and Tokyo ended higher, while Shanghai and Hong Kong settled in the red.

Stock exchanges in Europe were trading on a mixed note in mid-session deals.

Wall Street had ended significantly higher on Friday.

International oil benchmark Brent crude was trading 0.31% lower at $95.47 per barrel.

Foreign Institutional Investors (FIIs) were buyers on Friday as they bought shares worth a net ₹1,568.75 crore, as per exchange data.

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