Stock Markets Today: Sensex, Nifty end on a positive note; Cipla, Mahindra in gainers list

Stock markets today ended the day in the green. While the BSE Sensex was trading at 38,182 at the close, up by over 0.3 per cent or 141 points, the broader market NSE Nifty 50 was trading 11,274.70, up by over 0.5 per cent 60 points around this time from the previous close on Friday.

In the 30 share BSE Sensex, 18 stocks were trading in the green in the early morning trade while the 12 remaining were trading in the red. The top gainers on Monday in the early trade were Mahindra and Mahindra, Larsen and Toubro (LT), Sun Pharmaceuticals NTPC and Tech Mahindra while the top losers were Asian Paints, Maruti Suzuki, Reliance Industries, Bajaj Finance and Bajaj Finserv.  

Meanwhile, Cipla, Mahindra Mahindra, LT, Tata Motors and Sun Pharmaceuticals were the top gainers on Nifty Fifty on Monday in the closing trade. The top losers were Eicher Motors, Asian Paints, Maruti Suzuki, BPCL and Reliance Industries.

Today, the USDINR futures were trading at 75.0575 around against the USD at 3:45 pm on BSE.  

On Friday, the Sensex ended almost flat at 38,040.57, up by almost 15 points while the Nifty 50 closed at 11,214.05, also up by over 13 points. 

Asian shares started cautiously on Monday as investors kept one eye on flaring tensions between the United States and China and another eye on U.S. fiscal stimulus after talks between the White House and Democrat lawmakers broke down. Trading was expected to be light with Japanese and Singaporean markets closed for public holidays. Australian shares recouped Friday`s losses to be up 0.7 per cent while South Korea`s main index added 0.4 per cent. 

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In currencies, the dollar eased on the safe haven Japanese yen to 105.85 while the risk sensitive Aussie dollar nursed its losses after falling 1.1 per cent on Friday.   

Inputs from Reuters