The Bombay Stock Exchange Sensex rose more than 900 points in early trade on Monday amid strong trend in global markets. HDFC, HDFC Bank, ICICI Bank and Reliance Industries saw strong gains in the market with the rise in shares. The 30-share Sensex gained over 900 points in early trade to reach 33,334.96 points at one time. Later, it was trading at 33,283.24 points with a gain of 859.14 points or 2.65 percent.
Similarly, the National Stock Exchange's Nifty was trading at 9,822.80 points, strengthening by 242.50 points, or 2.53 percent. Among the Sensex stocks, Axis Bank recorded the highest gain of nearly 7 percent. Apart from this, Tata Steel, Bajaj Finance, IndusInd Bank, SBI, ICICI Bank, HDFC and HDFC Bank also gained momentum.
Sun Pharma, on the other hand, is the only company whose stock was down in early trade. On Friday, the BSE Sensex was up 223.51 points, or 0.69 percent, to 32,424.10 and the NSE Nifty was up 90.20 points or 0.95 percent to close at 9,580.30 points. The boom in the global markets also affected the domestic market. The decision of the governments of different countries to gradually open business activities has raised hopes for economic revival among investors.
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