Domestic equity markets made gains on Monday morning, tracking strong Asian stocks cues. Indices on Monday surged after being volatile in pre-opening sessions of both BSE and NSE.
BSE Sensex surged 77 points to 60,917.87 while Nifty 50 went up 25 points to 18,130.35 at 9.27 am on Monday. Some of the most active stocks on BSE that went up in morning trade were Tata Communications, Lloyd, Usha Mart, Timken and Kalpataru Power while MCX, Jindal Poly, Shipping Corporation of India and Triveni Turbine were among the laggards on the exchange. Among all the stocks that surged on Monday morning, Tata Steel, Hindalco, Tata Motors, JSW Steel and Brittania were the most active on NSE while Asian Paints, Bajaj Auto, Sun Pharma and Bajaj Finance were some of the laggards.
In Asian markets, Japan’s Nikkei was trading in the green, Hong Kong’s Hang Seng was up 40 points, China’s Shanghai went up 15 points while S&P ASX was up 24 points in the morning trade of Monday.
In European markets, FTSE was trading in the red and ended with 61 points down, CAC was trading in the green, Deutsche declined 148 points while Refinitiv Europe ended in negative. Major European and US markets will also remain shut on Monday, observing the new year holiday.
In American markets, Dow Jones settled with 73 points down, Nasdaq declined 11 points, S&P lost 9 points while Refinitiv United States settled in the red as Asian markets opened on Monday morning.(ANI)