Stock markets kicked off the week on a high note as trading resumed after an extended break, with benchmark indices clocking significant gains. The rally was largely driven by strong performances in the auto and banking sectors, setting a positive tone for the sessions ahead.
The BSE Sensex surged 1,580.01 points to reach 76,737.27, while the NSE Nifty50 climbed 467.30 points to 23,295.85 in early morning trade. The markets reflected a catch-up with global gains, especially after the recent uptrend in U.S. indices.
Among the top performers, Tata Motors led the rally with a jump of over 5%, supported by robust demand indicators and sector-wide optimism. Larsen & Toubro, Mahindra & Mahindra, HDFC Bank, and ICICI Bank followed with strong advances, reinforcing the bullish sentiment in infrastructure and financial services.
In contrast, Nestle India, ITC, and Hindustan Unilever were among the few laggards, posting marginal declines in early trade. Despite the overall positive trend, FMCG stocks showed limited movement, with investors awaiting clearer signals on consumer demand recovery.
