Markets extend gains for the second day; RIL, HDFC duo lead charge

Equity indices made a winning start to the week on Monday, buoyed by robust buying in banking, metal and energy stocks amid a mixed trend overseas.

A surging rupee, which snapped its four-day losing streak, also boosted the bulls, traders said.

Rising for the second straight session, Sensex closed 395.33 points or 0.75 per cent higher at 52,880. Similarly, the broader Nifty surged 112.15 points or 0.71 per cent to 15,834.35.

State Bank of India was the top gainer in the Sensex pack, climbing 1.92 per cent, followed by Tata Steel, L&T, Bajaj Finserv, Axis Bank, Bajaj Finance, M&M and ICICI Bank.

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