Indian markets gained in early trade on Monday. At 10.01 a.m., the Sensex was trading up 74.75 points or 0.37% at 20,113.79 with 18 components gaining. Meanwhile, the Nifty was trading higher by 16.40 points or 0.27% at 6,080.80 with 29 components gaining.
The 30-share benchmark index, BSE Sensex opened with a gain of 93.79 points or 0.47% at 20,132.83, while the broad based NSE Nifty started with a rise of 21.35 points or 0.35%, at 6,085.75.
Reliance Industries contributed rise of 72.11 points in the Sensex. It was followed by Larsen & Toubro (6.47 points), Bharat Heavy Electricals (5.61 points), State Bank Of India (5.09 points) and I T C (5.06 points).
However, H D F C Bank contributed fall of 10.11 points in the Sensex. It was followed by Tata Consultancy Services (8.44 points), Hindustan Unilever (6.41 points), Housing Development Finance Corporation (3.37 points) and Tata Motors (3.22 points).
Biggest gainers in the 30-share index were Reliance Industries (4.01%), Bharat Heavy Electricals (2.41%), Maruti Suzuki India (1.24%), G A I L (India) (1.22%), Dr Reddy'S Laboratories (0.99%), and Sterlite Industries (India) (0.88%).
On the other hand, Hindustan Unilever (0.99%), Tata Consultancy Services (0.91%), Sun Pharmaceutical Industries (0.76%), Bajaj Auto (0.74%), H D F C Bank (0.66%), and Bharti Airtel (0.59%) were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts gaining 0.39% and 0.47% respectively.
Sectors in Limelight
The Oil & Gas index was at 9,791.19, up by 220.16 points or by 2.30%. The major gainers were Bharat Petroleum Corporation (2.41%), G A I L (India) (1.22%), Hindustan Petroleum Corporation (1.02%), Cairn India (1.01%) and Castrol India (0.3%).
The Power index was at 2,016.49, up by 14.52 points or by 0.73%. The major gainers were Bharat Heavy Electricals (2.41%), Adani Power (1.4%), C E S C (0.91%), Reliance Infrastructure (0.79%) and Crompton Greaves (0.75%).
The Capital Goods index was at 10,574.23, up by 70.55 points or by 0.67%. The major gainers were Bharat Heavy Electricals (2.41%), Alstom India (0.83%), BEML (0.56%), A I A Engineering (0.47%) and Bharat Electronics (0.18%).
Market breadth was positive with 1,134 advances against 665 declines.
Value and Volume Toppers
Reliance Industries topped the value chart on the BSE with a turnover of Rs. 459.78 million. It was followed by UltraTech Cement (Rs. 218.30 million), Hindustan Petroleum Corporation (Rs. 92.49 million) and Radico Khaitan (Rs. 88.10 million).
The volume chart was led by Cals Refineries with trades of over 2.75 million shares. It was followed by Shri Ganesh Spinners (1.60 million), TV18 Broadcast (1.59 million) and Spicejet (1.06 million).