Indian shares were modestly higher in early trade on Monday, tracking mixed cues from global markets.
The benchmark S&P/BSE Sensex was up 267 points, or 0.3 percent, at 84,812 while the broader NSE Nifty index was up 116 points, or half a percent, at 25,906.
Among the top gainers, Mahindra & Mahindra, Bharti Airtel, ONGC, Adani Enterprises and Bajaj Auto all rose around 2 percent.
Reliance Power jumped 5 percent on fund raising reports.
SpiceJet soared 7.2 percent after raising Rs. 3,000 crores through sales of shares to qualified institutional investors.
Vodafone Idea rallied 8.6 percent as it inked a mega $3.6 billion (roughly Rs 30,000 crore) deal with Nokia, Ericsson, and Samsung for the supply network equipment over three years.
Market Analysis
Sensex, Nifty Modestly Higher In Early Trade
2024-09-23 04:38:18