The Indian markets on Monday snapped the declining streak and registered a positive performance, led by information and technology, banking and financial services stock at the close.

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The BSE Sensex gained over 225 points or 0.41 per cent to 55,555.79, while Nifty50 surged over 45 points or 0.28 per cent to 16,496.45 levels at the market close on Friday. While the mid-cap index declined by 232 points or 0.86 per cent lower to 26892.70 levels today, defying benchmarks. 

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Nifty Bank somehow kept the Nifty in the green, with the index ended marginally by over 46 points or 0.13 per cent lower to 35080.5 levels, led mainly by Kotak Bank and IndusInd Bank.       

Out of 50 scrips on Nifty50, 22 advanced, 28 declined at the market close on Monday. Information and technology stocks gained most whole session today at the market close. HCL Tech jumped most by around 4 per cent as the company signs a contract with reinsurers Munich Re, followed by TCS & Wipro.

While other stocks such as Nestle India, Bajaj Finserv, ONGCm Bharti Airtel, and Bajaj Finance also gained in the positive market today. 

On the contrary, Grasim slumped most at the market close by over 3 per cent, followed by Adani Ports, Mahindra and Mahindra by over 2.5 per cent at the market close on Monday. Similarly, Auto stocks such as Tata Motors, Bajaj Auto and Eicher Motors also dipped by over 2 per cent today.

All the sectoral indices closed in the red, except for the Nifty Bank, Financial Service and IT stocks. Each of these sector jumped 0.15, 0.33 and 1.63 per cent higher at the market end on Monday. While, Nifty Auto, Metal and PSU bank stocks tried to drag the benchmark indices most today.