Equity benchmarks gained for the fifth consecutive session on Monday with the Nifty reclaiming 8200 level intraday and ending at highest level in last 8 months but the market breadth was negative. About 1374 shares declined against 1233 advancing shares on Bombay Stock Exchange. IT stocks gained while HDFC group and FMCG stocks saw selling pressure.
The 30-share BSE Sensex increased 72 points to 26725.60 and the 50-share NSE Nifty rose 21.85 points to 8178.50 while the broader markets marginally outperformed. The BSE Midcap and Smallcap indices gained 0.4 percent each. In last five sessions, benchmark indices rallied nearly 6 percent.
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