The National Stock Exchange (NSE) Nifty50 index which opened near 11,667.00 closed on a positive note near 11,690.35, 46.90 points up. (08:49 AM IST)
During its trading session, it touched an intraday high of 11,704.60. The Nifty50 index reclaimed its 10,700 levels driven by banks, auto, metals, and select technology stocks. As a result, the index formed a bullish candle on daily candlestick charts.
The Nifty Bank index closed at 30,104.25, 165.70 points up.
Global Update: The Wall Street slipped yesterday due to disappointing earnings in the banking sector which affected the enthusiasm of investors.
Rupee Update: The rupee on Monday declined by 25 paise to close at 69.42 against the US dollar.
Taking cues from the previous trading session, it is expected to see a positive opening in today’s session.