Share Market Highlights: Sensex ends at nearly 1-month high, Nifty near-term support at 17807

Indian stock market benchmarks BSE Sensex and NSE Nifty 50 settles more than half a percent up on Monday in positive global markets. India’s August CPI inflation and July IIP data are due out later this evening. The BSE Sensex rose 322 points (0.5%) to trade at 60,115 while the NSE Nifty 50 rose 0.6% (103 points) to close at 17,936.35. Index heavyweights such as Reliance Industries, Infosys, Axis Bank, ICICI Bank and Bajaj Finance contributed significantly to the index’s rise. The broader market outperformed the equity frontliners. The S&P BSE MidCap rose 1%, or 230 points, to close at 26,167. The S&P BSE SmallCap Index rose 1%, or 295 points, to settle at 29,824.

Source:FE