Getty ImagesBenchmark NSE Nifty index rose 123.75 points to 18623.1 amid buying in frontline bluechip stocks.
However, stocks such as Sanwaria Consumer, Gammon Infra, BKM Industries, Goenka Diamond and Setubandhan Infra, touched their fresh 52-week low.
Overall, 38 shares traded in the green in Nifty50 index, while 12 traded in the red.
In the Nifty 50 index, M&M, Hindalco, IndusInd Bank, ITC and HDFC were among top gainers, while ONGC, Sun Pharma, Divis Labs, HCL Tech and Maruti Suzuki traded in the red.
The BSE Sensex was trading 460.36 points up at 62962.05 at 11:06AM(IST).
Traders were seen piling up positions in Telecommunications, Term Lending Institutions, Learning & Education, Tobacco and Trading sectors, while selling was visible in Infrastructure, Media & Entertainment, Tyres, Industrial Equipment and Gas & Petroleum sectors.
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For New India, a House of New Resolve & AspirationsPrime Minister Narendra Modi inaugurated the new Parliament building on Sunday and said India is leaving behind the “mentality of slavery.” He also called for making India a developed nation by the 100th anniversary of its Independence.
Baring EQT Set to Buy Credila for up to $1.5 BillionBaring Private Equity Asia (BPEA) EQT is set to acquire Credila Financial Services, the educational loan arm of Housing Development Finance Corp (HDFC), for $1.3-1.5 billion (₹10,000 crore-12,000 crore), trumping private equity rivals Carlyle, TA Associates, Blackstone and CVC Capital, among others, said people in the know.
Angel Tax on MNCs may Bedevil FDIUS-based multinationals, British companies and leading French industrial groups that have closely held subsidiaries in India will face so-called angel tax scrutiny if they bring in fresh equity capital.
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