Sensex Rises 640 Points; Nifty Reaches 22,300 Mark In Early Trade

The Sensex and Nifty rose in early trade on Monday, boosted by a rebound in Asian markets, a drop in Brent crude oil prices, and buying by foreign investors.

In early trade, the 30-share BSE Sensex soared 639.85 points to 73,728.18. The NSE Nifty moved 190.1 points to 22,337.10.

Siemens, BPCL, JIO Financial Serv., Canara Bank, IOCL, Interglobe Aviation, Zydus, and Wipro were the top gainers.

Among the laggards were Vedanta, GAIL (India), Samvardhana Motherson, NTPC, and HDFC Bank.

In Asian markets, Seoul, Tokyo, and Hong Kong were trading higher, while Shanghai was lower.

US markets concluded on a mixed note on Friday.

Brent crude lost 0.74 percent to $86.64 a barrel.

According to exchange data, Foreign Institutional Investors (FIIs) bought securities worth Rs 129.39 crore.

On Friday, the Sensex surged 599.34 points or 0.83 percent to 73,088.33, while the Nifty advanced 151.15 points or 0.69 percent to 22,147.

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