What caused the Indian equity markets to end their decline on Monday?

Indian equity markets ended their decline on Monday due to strong buying in financial and energy stocks, with support from pharma and healthcare names.

How did the Nifty and Sensex perform on Monday?

The Nifty closed at 25,682.75, up 0.83%, halting a two-day losing streak. The BSE Sensex gained 0.79% to close at 83,277.15, ending a three-day slide.

Which sectors were key drivers of the market rally on Monday?

The financial and energy sectors were the primary drivers of the market rally on Monday, with additional positive contributions from the pharma and healthcare sectors.

Home / Business and Economy / Indian Markets Rally: Financials Lead Gains

Indian Markets Rally: Financials Lead Gains

16 Feb

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Summary

Indian equity benchmarks ended their recent decline on Monday.
Strong buying in financial and energy stocks boosted the market.
The Nifty settled at 25,682.75, up 0.83%.

Indian Markets Rally: Financials Lead Gains

Indian equity markets staged a comeback on Monday, reversing their recent downward trend. Significant buying activity was observed in the financial and energy sectors, providing a strong impetus for the market's recovery.

Supporting the upward momentum, the Nifty index closed at 25,682.75, marking a gain of 0.83% and halting its two-session losing streak. Similarly, the benchmark BSE Sensex ended its three-day decline, registering a rise of 0.79% to close at 83,277.15.

In addition to the leading financial and energy stocks, the pharma and healthcare sectors also contributed positively to the market's performance on Monday. This broad-based support across multiple sectors signaled a potential shift in market sentiment.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.