share market Sensex, Nifty open in green, top stocks in focus


NSE Nifty 50 index climbed 1.24 per cent to 17,313.6 by 0351 GMT, while the S&P BSE Sensex rose 1.23 per cent to 57,901.39.

share market today

Share Market.

Indian shares opened sharply higher on Monday after two weeks of heavy losses, as beaten down technology stocks advanced with a slew of blue-chip earnings and the federal budget in focus.

The blue-chip NSE Nifty 50 index climbed 1.24 per cent to 17,313.6 by 0351 GMT, while the S&P BSE Sensex rose 1.23 per cent to 57,901.39. The indexes had dropped around 3 per cent each last week.

The Nifty IT index, which had fallen in eight of the last nine sessions amid a tech sell-off on U.S. interest rate worries, climbed as much as 2.5 per cent on Monday.

Meanwhile, industrial major Larsen & Toubro slid 2.5 per cent after a steeper-than-expected fall in quarterly profit.

Nifty components Tata Motors, Indian Oil, BPCL, Sun Pharma and UPL are due to report results on Monday.

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