Markets Trade Firm In Early Trade, Sensex Rises Over 600 Points

Equity benchmarks climbed in early trade on Monday after four days of losses amid positive trend in global markets. Bouncing back from four days of losses, the 30-share BSE Sensex climbed 638 points to 60,483.24 in morning trade. Meanwhile, the broader NSE Nifty gained 190 points to 17,997, according to a PTI report.

Nifty Bank rallied high with the gain of 643 points to 42,311 in morning trade while Nifty Midcap surged 763 points to 30,921.

The top gainers in the morning trade emerged IndusInd Bank, Eicher Motors, Hindalco, Tata Motors, and Tata Steel with the gain of over 2% to 3%. Meanwhile, Dr Reddy Laboratories Ltd, Divis Laboratories Ltd, and Cipla fell over 1% in the morning.