Monday brought a fresh wave of optimism to Dalal Street as Indian markets opened in green with impressive gains. The Sensex surged 597 points to 84,177.51 from 83,580.40, and Nifty rose 195 points to 25,888.70 over Friday’s close.
By 9:30 AM, trading saw Sensex at 84,022.17 (0.53% up) and Nifty at 25,822.65 (0.50% up). Broader indices shone brighter: Midcap +0.6%, Smallcap +0.76%.
Sector highlights featured PSU Banks leading with 3%+ jumps, Realty at 1.7%, Metals 0.9%. Sensex toppers were SBI, Titan, Eternal, Kotak Bank, Tata Steel, BEL, Adani Ports, IndiGo; underperformers Power Grid, ITC, Bajaj Finance, Axis Bank, HUL, ICICI Bank.
Akash Shah of Choice Broking pointed to Friday’s turnaround: weak open turned into 210-point gain from lows, closing at 25,693.70, driven by lower-level purchases. Nifty resistance lies at 25,850-25,900; support at 25,550-25,600.
Friday’s FII inflows of Rs 1,950 crore offset DII outflows of Rs 1,265 crore. With global markets shaky, Shah counsels measured approaches—stick to quality picks on dips, await 26,000 breakout for longs. Clearing this level may cement positive sentiment, paving way for extended bull run.