Sensex Rises Over 350 Points, Nifty Crosses 12,000 Amid Buying Across Sectors: 10 Things To Know

Sensex Rises Over 350 Points, Nifty Crosses 12,000 Amid Buying Across Sectors: 10 Things To Know

Buying across sectors – led by banking, auto, metal, energy and infra stocks – pushed the markets higher

Domestic stock markets registered sharp gains on Monday amid gains in Asian peers on optimism about US-China trade developments. The S&P BSE Sensex index rose as much as 370.87 points to touch 40,730.28 in afternoon deals, and the broader NSE Nifty benchmark climbed to as high as 12,025.80, up 111.4 points from the previous close. Buying across sectors – led by banking, auto, metal, energy and infrastructure stocks – pushed the markets higher. Analysts say macroeconomic data due on Friday will be monitored closely for near-term direction.