After a week BSE Sensex gained 242 points. Trading started at 25,480.84 by gaining 242 points ended at 25,723. Similarly, Nifty also gained 81 points and trading ended at 7683. “The raise of markets is due to the increase in the mutual funds and on emergence of buying by funds and retail investors in select stocks.” Market sources mentioned.
Shares in software services exporters gain after the rupee last week posted its biggest weekly fall since record low levels in August last year. Rupee falls expected to boost overseas margins, traders say.
Infosys Ltd stock jump 3.66 %, Wipro Ltd is up 2.42 %. Tech Mahindra Ltd is up 2.01 % and HCL Technologies Ltd is trading 2.52 % higher.