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MARKET LIVE: Indices extend gains; Sensex up 500 pts, Nifty tops 14,800

  • May 17, 2021

LIVE market updates: The Indian benchmark indices added to their early gains and rose one per cent in morning deals on Monday amid favourable global cues and further fall in daily Covid-19 cases across the country.

The SP BSE Sensex rose 500 points, or 1 per cent, to 49,250 levels and the Nifty50 index topped the 14,800-mark. IndusInd Bank and State Bank of India rose 2 per cent, each, and were the top Sensex gainers. Meanwhile, Larsen Toubro and Sun Pharma slipped 1 per cent, each.

All the Nifty sectoral indices traded in the green, led by Nifty Bank index, up 2.2 per cent.

Broader markets tracked the gains in the benchmarks, and the SP BSE MidCap and SmallCap indices were trading 1 per cent higher, each.

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