New Delhi: Markets opened in green on strong global cues while Nifty regained 10,900 level.
In early morning trade, the BSE Sensex jumped 147.04 points or 0.41 percent to 36,341.34. The NSE Nifty edged higher by 26.55 points or 0.24 percent to 10,903.30.
Sectoral indices led by metal sector jumped 2.67 percent. Others included realty, FMCG, TECK, IT, Power, Infra, PSU and Banking.
Investors are eyeing Purchasing Managers' Index (PMI) data for the manufacturing and services sectors, and also awaiting signals from Reserve Bank of India's fifth bimonthly monetary policy meeting for 2018-19 which is scheduled to begin later in the day.
Top gainers include Vedanta, Tata Steel, Coal India, HUL, Infosys, HDFC, PowerGrid, IndusInd Bank, ONGC, NTPC, ITC and HDFC Bank, rising up to 3 percent
While, Sun Pharma was the biggest losers in the Sensex pack, falling up to 9 percent, on reports that markets regulator Sebi was likely to reopen an insider trading case against the company as well as probe alleged lapses by some of its promoters and other entities in raising funds overseas.
The development comes after a whistleblower reportedly approached Sebi with a document alleging various irregularities by the company, its promoter Dilip Shanghvi and others, sources said.
Other losers include Yes Bank, ICICI Bank, M&M and Hero MotoCorp, shedding up to 2 percent.
On a net basis, foreign portfolio investors (FPIs) sold shares worth Rs 332.62 crore Friday, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 1,489.65 crore, provisional data available with BSE showed.
Asian shares rallied on Monday after U.S. and Chinese leaders brokered a truce in their trade conflict, a Reuters report said.
MSCI`s broadest index of Asia-Pacific shares outside Japan was up 1.8 percent. China`s CSI300 index of Shanghai and Shenzhen shares rose 2.6 percent. In Japan, Nikkei gained 1.3 percent to a six-week high.
With Agency Inputs
