Regaining the 29,000 mark, domestic benchmark indices registered gains in the second hour of trade on Monday amid fresh buying by investors. At 11.00 am, the Sensex at the BSE was trading 214 points higher at 29,047 and the Nifty at the NSE was trading 64 points up at 8,962.
In the broader markets, BSE Midcap and Smallcap indices surged 0.5 per cent and 0.6 per cent respectively.
Among the BSE sectoral indices, Oil & Gas index jumped the most, up 1.3 per cent, while IT index became the top loser, down 0.2 per cent.
On Friday, the Sensex had closed seven points down at 28,832 and the Nifty had closed two points lower at 8,898.
Top gainers in the Sensex-30 pack: Reliance Industries (up 3.7 per cent), Power Grid (up 2.1 per cent), NTPC (up 1.9 per cent), Asian Paints (up 1.6 per cent) and Tata Motors (up 1.5 per cent).
Top losers in the Sensex-30 pack: Sun Pharma (down 1.1 per cent), TCS (down 0.7 per cent), HUL (down 0.4 per cent), Wipro (down 0.2 per cent) and Dr Reddy’s Labs (down 0.1 per cent).
Asian markets were trading with mixed moves. China’s Shanghai Composite Index rose 0.4 per cent, Japan’s Nikkei 225 Index slipped 0.4 per cent, Hong Kong’s Hang Seng increased 0.3 per cent and Singapore’s Straits Times Index slipped 0.1 per cent.
Meanwhile, the Rupee was trading seven paise down at 66.74 against the US Dollar.