Sensex rallies over 1,300 pts; Nifty recaptures 18k mark
Equity benchmark Sensex surged over 1,300 points on Monday to reclaim the 60,000-level, boosted by intense buying in banking and financial stocks after the announcement of merger between HDFC and HDFC Bank.
Strong global cues and receding crude oil prices also propped up the domestic equity markets, according to traders.
Shares of HDFC and HDFC Bank rallied nearly 10 per cent as investors lapped up the merger deal. Read more
IOC, L&T, ReNew announce joint venture for India green hydrogen business
State-run Indian Oil Corporation (IOC), engineering major Larsen & Toubro (L&T), and