Sensex up by 294 57 pts

Sensex up by 294 57 pts

At 11.06 a.m, the Sensex was trading up 317.57 points or 0.95% at 33,624.71 with 24 components gaining.

Last week, a sudden sell-off during the last hour of trade trimmed Friday's entire gains and led the equity indices to close on a flat note with marginal losses.

Some say the market got a hang of positive vibes for the economy as some economists projected inflation print and IIP data to impress later in the day.

The government will announce inflation data based on consumer price index (CPI) and industrial production data after market hours today.

Severed leg used as pillow at hospital
Harischandra Arya also confirmed that an investigation had been ordered into the matter. This is not the first incident such an incident has taken place.

The NSE Nifty50 fell by 15.80 points or 0.15 per cent to close at 10,226.85 points, while the BSE Sensex closed at 33,307.14 points - down 44.43 points or 0.13 per cent. The BSE mid-cap index ended higher by 0.76 per cent and small-cap index 0.56 per cent.

Indian equity benchmarks traded on a strong note throughout the day and ended the session with heavy gains on tracking firmness in global cues after the latest USA jobs report assuaged fears around inflation and faster rate hikes. The S&P 500 Index rose on Friday and the Nasdaq Composite Index soared to a fresh record high after U.S. non-farm payrolls data topped forecasts.

Stock markets on Monday opened in green amidst positive global cues.

All the sectoral indices, led by IT, Teck, oil & gas, FMCG and realty sectors, were trading in the green with gains up to 1.24 percent. Barring Coal India, all stocks in the Sensex pack gained ground with ICICI Bank, Tata Motors, Bharti Airtel, NTPC, ITC and Axis Bank all gaining between 2-4% each. But it also showed that annual growth in average hourly earnings had declined to 2.6% after rising in January.

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