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Stock Market Updates: Sensex Gains Nearly 100 pts, Hits Fresh High; Nifty Near 21K; GMR Airports Up 3%

Sensex Today: ONGC, HCL Tech, Tech M, IndusInd Bank, Kotak Bank and Tata Motors led gains on the Sensex

Sensex today: Equity benchmark indices opened with slim gains on Monday tracking mixed cues from elsewhere in Asia. The BSE Sensex rose 100 points to a fresh high of 69,928 and the NSE Nifty50 gained 17 points to 20,950.

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ONGC, HCL Tech, Tech M, IndusInd Bank, Kotak Bank and Tata Motors led gains on the Sensex, while Asian Paints, M&M, Sun Pharma, Dr Reddy’s were the top frontline laggards.

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The BSE MidCap index was up 0.3 per cent and the SmallCap index rose by 0.6 per cent.

Read More: Presstonic Engineering IPO on Monday: Check price band, issue date, GMP and other details

Global Cues

In Asia, Hong Kong and mainland China stocks–CSI 300, Hang Seng–lost over 1 per cent on persistent deflationary pressures. China’s inflation fell by 0.5 per cent YoY, ahead of expectations. Nikkei, meanwhile, surged nearly 2 per cent on bets the central bank may not raise rates next week.

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