Sensex, Nifty Gain On Global Cues; Kotak Shares Rally Nearly 4%
Indian shares opened on a positive note Monday as disappointing U.S. jobs and services sector data raised hopes that the Federal Reserve could start cutting interest rates soon.
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Indian shares opened on a positive note Monday as disappointing U.S. jobs and services sector data raised hopes that the Federal Reserve could start cutting interest rates soon.
A total of 901,048 shares changed hands on the counter till time (IST).
Stocks that were in focus include names like CEAT, which fell 2.93%, Coforge, which was down 10.03%, and ABFRL, whose shares dropped 3.43% on Friday.
The stock quoted a 52-week high price of Rs 1703.8 and low of Rs 702.2.
Domestic benchmark indices rose on Monday, after facing hefty selloff last week, led by gains in private banks and IT stocks