Indian markets settled on a strong note on Monday on the back of Modi speech and strong economic growth data for April-June quarter. Nifty hits new record high and closed above 8,000 mark. Metal, capital goods and realty stocks witnessed a gain whereas FMCG stocks registered a fall.
At the close, the benchmark 30-share index, BSE Sensex gained 229.44 points or 0.86% at 26,867.55 with 20 components posting rise. Meanwhile, the broad based NSE Nifty went up by 73.35 points or 0.92% at 8,027.70.
Top gainers were Hero Motocorp (5.79%), Maruti Suzuki (4.71%), Tata Power (3.62%) and Hindalco (3.59%)
Major losers were Sun Pharma (1.46%), ITC (1.37%), HDFC (1.19%) and BHEL (0.89%)
The BSE Mid and small caps outperformed their larger counterparts gaining 1.57% and 1.30% respectively.
The Metal index was at 12,594.65, up by 341.97 points or by 2.79%. The Capital Goods index was at 15,322.89, up by 409.71 points or by 2.75%. The Realty index was at 1,774.39, up by 46.95 points or by 2.72%.
On the other hand, the FMCG index was at 7,352.35, down by 49.43 points or by 0.67%.
