The Indian markets on Monday are in a positive mood since the Muhurat Trading on November 4, 2021. The Sensex rose over 400 points, while the Nifty50 has reclaimed its 18,000-mark intraday. The surge is mainly led by the information, technology, auto, and financial service stocks today.

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At around 13:17 pm, the S&P BSE Sensex is trading 344 points or 0.57 per cent higher to 60411.87, similarly, the Nifty50 up 106 points or 0.6 per cent to 18023.7 levels. Even the broader markets are in the green with the mid-cap index gaining 277 points or 0.88 per cent to the 31720.15 mark intraday today.

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The Nifty Bank, a key driver of the Nifty50, is dragging the market being in the negative intraday today. The banking index is down 239 points or 0.6 per cent to 39334.65, IndusInd Bank dragging the most.

As many as 38 stocks are in the green, while 12 counters are in the red on the Nifty50 intraday today. Titan surged most by around 5 per cent, followed by UltraTech Cement up nearly 4.5 per cent; while Bajaj Finserv, IOC and Tech Mahindra each up over 3 per cent intraday today.

HDFC, Grasim, Tata Motors, Power Grid, Bajaj Finance, BPCL, Shree Cement, Kotak Bank, and Eicher Motors each up between 2-3 per cent intraday today.

On the contrary, IndusInd Bank has been dragging the banking index and overall market most amid loan evergreening issue, down around 9.5 per cent, followed by Divis Lab down almost 8 per cent intraday today. Whil SBI, Hindalco, Mahindra and Mahindra are down between 1-2 per cent intraday.

Sectorally, almost all indices are in the green except for the Nifty Bank and Pharma both down 0.6 and 1.16 per cent, respectively. While the IT index surged most by over 1 per cent, followed by auto, financial services, and metal. Similarly, the media and realty indices are leading the surge in the broader markets.