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Closing bell: Nifty reclaims its 10,000 mark, BSE midcap at record high

Key indices on Monday traded on a positive. Equity benchmark indices ended the session with half a per cent gains. The Nifty, meanwhile, reclaimed its 10,000 mark.

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Closing bell: Nifty reclaims its 10,000 mark, BSE midcap at record high
Equity benchmark indices ended the session with half a per cent gains. The Nifty, meanwhile, reclaimed its 10,000 mark.
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Key indices on Monday traded on a positive. Equity benchmark indices ended the session with half a per cent gains. The Nifty, meanwhile, reclaimed its 10,000 mark.

The Sensex closed up 194.64 points at 31882.16, while the Nifty ended higher by 71.25 points at 10006.05. The market breadth was narrow as 1,423 shares advanced against a decline of 1,236 shares, while 162 shares were unchanged.

L&T, Tata Motors DVR, IndusInd Bank and Tata Power were among the top gainers on both indices, while M&M, Bharti Airtel, and Indiabulls Housing Finance were mostly trading in red. 

Gains in Petronet LNG, Indian Hotels Company and Tata Power Company helped BSE Midcap index hit a fresh all-time high of 15,910 in Monday's trade. 

Sugar prices weakened by Rs 35 per quintal at the wholesale market in the national capital today due to bumper stocks following increased supplies against muted demand from bulk consumers as well as retailers.

Investors in Asia reacted with relief after North Korea did not conduct another missile test this weekend, when it celebrated its founding anniversary. The MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.4 percent.

Still, sentiment was broadly cautious after indexes posted their first weekly fall in four last week, as investors monitored global risk factors and awaited consumer inflation data due on Tuesday.

(with inputs from agencies)

 

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