NEW DELHI: Equity markets were upbeat on Monday on back of encouraging global cues after favourable US jobs data boosted risk appetite.
30-share BSE
Sensex gained 276.86 points to close at 35,934.72 while the broader 50-share NSE
Nifty went up by 0.75 per cent to breach the psychological mark of 10,850.
The US payrolls report on Friday showed strength in the world’s biggest economy, as it created more jobs than expected in June, but steady wage gains pointed to moderate inflation pressures that should keep the Federal Reserve on a path of gradual interest rate increases this year.
All sectoral sub-indices finished in the green
metal,
pharma and PSU Bank baskets gaining to the tune of 1.50 per cent each.
