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Nifty50 nearly 17,250 led by Reliance, Mahindra and Maruti – Itc earns earnings lead


India’s equity benchmarks started the trading week in the green, led by gains in financials, oil and gas, autos and metal stocks. Auto stocks jumped as manufacturers began to release their monthly sales figures. The focus on Dalal Street also shifted to an RBI key rate decision due this week.

Both major indices were up 0.6% in the first few minutes of trading.

The Sensex gained 323 points to touch 57,893.2 at the day’s highest level so far, and the Nifty50 climbed as high as 17,266.5, up 108.2 points from its close. former.

Global Markets

Shares in other Asian markets were mixed on Monday, with MSCI’s broadest index of Asia-Pacific stocks outside Japan down 0.4% at the latest count. The Japanese Nikkei 225 rose 0.4%, but the Chinese Shanghai Composite fell 0.3%.

S&P 500 futures fell 0.4%, suggesting a weak start on Wall Street. On Friday, the three main US indices jumped 1 to 2% each.

(This story will be updated shortly)

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