Stock market today: Nifty 50, Sensex surge over 0.5% each ahead of Donald Trump’s inauguration; banks top gainers
2 months, 1 week ago

Stock market today: Nifty 50, Sensex surge over 0.5% each ahead of Donald Trump’s inauguration; banks top gainers

Live Mint  

Indian Stock Market: A strong rally in banking and metal stocks has propelled the Indian markets to close higher at the end of Monday's session. Commenting on today's market performance, Vinod Nair, Head of Research, Geojit Financial Services said, "A strong positive sentiment from Asian markets bolstered domestic markets, starting the week on a healthy note. Sectoral Performance: Banks shine, auto stocks lag behind The strong performance by Kotak Mahindra Bank has boosted sentiment in the banking space, resulting in a sharp rally across all major banking counters. Similar to the private sector banks, PSU banksalso performed well in the session, as the Nifty PSU Bank index jumped nearly 2%, with 12 stocks in the index ending in the green.

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