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Indian share market started the second week of the year on a positive note with BSE Sensex reclaiming 60,000 level and Nifty50 ending above the 18,000 mark
The BSE Sensex and the NSE Nifty ended 1% lower amid global sell-off as U.S. interest rate hike fears spooked investor sentiments.
All the sectoral indices ended in the green, while capital goods, auto IT, and PSU bank gained the most, led by Asian Paints, Sun Pharma, M&M.
The BSE Sensex ended 296 points higher at 57,420, and the NSE Nifty surged 82.5 points, led by Tech Mahindra, Dr. Reddy's, Kotak Bank, and Sun Pharma.
Indian share markets snapped three-day winning run amid losses in index heavyweights such as NTPC, Power Grid, M&M, Axis Bank, and Kotak Mahindra Bank