Indian shares opened a tad higher on Monday despite mixed global cues.
The benchmark 30-share BSE Sensex jumped 517 points, or 0.9 percent, to 59,282 in early trade, while the broader NSE Nifty index was 130 points, or 0.7 percent, at 17,662.
Divis Laboratories surged nearly 7 percent in the Nifty pack, while Mahindra & Mahindra, Tata Motors, Bajaj Finance and Bajaj FinServ all were up around 2 percent.
On the losing side, Tata Steel, Eicher Motors JSW Steel, UPL and Grasim dropped 1-2 percent.
Cadila Healthcare rose about 1 percent on news that the much-awaited national rollout of its COVID vaccine will take two more weeks.
Zee Entertainment Enterprises gained half a percent after it moved Bombay High Court against top investor Invesco and OFI Global China Fund LLC’s requisition for an Extraordinary General Meeting to discuss various issues.
NTPC advanced 1.4 percent after it announced plans to take three subsidiaries public.
Reliance Industries rose half a percent after incorporating a wholly-owned subsidiary in UAE.
Avenue Supermarts gained 1 percent after unveiling its second-quarter results.
JSW Steel dropped 1.2 percent after acquiring Neotrex Steel.
Biocon rose 0.7 percent as it announced the launch of Everolimus tablets, a generic version of Afinitor, in the United States.
Sensex Up Over 500 Points; Nifty Tops 17,650
2021-10-04 04:25:05
