Sensex surges 215 points on funds buying

Written By DNA Web Team | Updated:

The benchmark BSE Sensex surged 215 points on Monday on brisk buying by funds in heavyweight stocks led by bank and refinery scrips.

MUMBAI: The benchmark BSE Sensex surged 215 points on Monday on brisk buying by funds in heavyweight stocks led by bank and refinery scrips.

The Sensex commenced on firm note on the back of buying in blue-chip stocks and registered a gain of 215.36 points, or 1.53 per cent at 14,295.50. It touched the day's high of 14,315.18 points.

Similarly, the second wide-based National Stock Exchange index Nifty shot up by 67.20 points, or 1.62 per cent at 4,214.30 points. It touched the session's high of 4,222.40 and a low of 4,136.15 points.

Trading sentiment turned for better on opening of the ICICI Bank's follow-on public offer, which pushed up the banking segment index. Besides, corporate major Reliance Industries also shot to near record high.

Capital goods index was the biggest gainer and rose 253.82 points at 11,358.06, oil and gas index at second level by rising 212.76 points at 7645.59, followed by bank index by 202.36 points at 7681.51.