Equity benchmark indices recovered from lower levels on Monday’s trade led by gains seen in ICICI Bank
, HDFC, Hindustan Unilever
, and Reliance Industries
On the sectoral front, banking, financial services, FMCG and private banking shares are witnessing buying interest, while IT shares are witnessing selling pressure.
The Sensex traded 211 points higher at 37,193 and the NSE Nifty index was up 58 points at 11,004. Mid-cap and small-cap shares were also witnessing buying interest as the Nifty Midcap 100 and Nifty Smallcap 100 indices rose over 0.5% each.
India VIX is down 1.73% and is trading at 15.99.
UPL, ICICI Bank and Yes Bank
among to gainers, while HCL Tech
, Tech Mahindra and Tata Motors were the top laggards on the Nifty50.
Shares of Arvind Fashions, Dalmia Bharat and Corporation Bank hit a 52-week low on the BSE.