<p>Equity benchmark Sensex jumped over 500 points in early trade on Monday tracking gains in index majors Infosys, Bharti Airtel and HDFC amid a positive trend in global markets.</p>.<p>The 30-share index was trading 506.20 points or 0.85 per cent higher at 59,813.13 in initial deals. Similarly, the Nifty rose 158.40 points or 0.90 per cent to 17,830.05.</p>.<p>Bharti Airtel was the top gainer in the Sensex pack, rising around 3 per cent, followed by HCL Tech, Tata Steel, Tech Mahindra, Infosys and Axis Bank.</p>.<p>On the other hand, M&M, Bajaj Finserv, Dr Reddy’s , HUL and Reliance Industries were among the laggards.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/economy-business/unicorns-mushroom-as-india-battles-the-covid-pandemic-1046067.html" target="_blank">Unicorns mushroom as India battles the Covid pandemic</a></strong></p>.<p>In the previous session, the 30-share index had plunged 677.77 points or 1.13 per cent to end at 59,306.93, and Nifty fell 185.60 points or 1.04 per cent to 17,671.65.</p>.<p>Foreign institutional investors (FIIs) were net sellers in the capital market, as they offloaded shares worth Rs 5,142.63 crore on Friday, as per exchange data.</p>.<p>Markets seem to have reached a rise-on-sell mode as premium valuations of markets and no positive surprise from earnings especially due to higher input costs have weighed on investors' sentiments, said Binod Modi Head-Strategy at Reliance Securities.</p>.<p>"However, despite that overall performance so far has been good with sharp growth in revenue aiding double-digit growth in earnings. In our view, the market may remain volatile with downward bias in the near term and investors will track pricing power of the industries," he stated.</p>.<p>Elsewhere in Asia, bourses in Shanghai, Seoul and Tokyo were trading with gains in mid-session deals, while Hong Kong was in the red.</p>.<p>Meanwhile, international oil benchmark Brent crude fell 0.33 per cent to $83.44 per barrel.</p>.<p><strong>Check out latest DH videos here</strong></p>
<p>Equity benchmark Sensex jumped over 500 points in early trade on Monday tracking gains in index majors Infosys, Bharti Airtel and HDFC amid a positive trend in global markets.</p>.<p>The 30-share index was trading 506.20 points or 0.85 per cent higher at 59,813.13 in initial deals. Similarly, the Nifty rose 158.40 points or 0.90 per cent to 17,830.05.</p>.<p>Bharti Airtel was the top gainer in the Sensex pack, rising around 3 per cent, followed by HCL Tech, Tata Steel, Tech Mahindra, Infosys and Axis Bank.</p>.<p>On the other hand, M&M, Bajaj Finserv, Dr Reddy’s , HUL and Reliance Industries were among the laggards.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/economy-business/unicorns-mushroom-as-india-battles-the-covid-pandemic-1046067.html" target="_blank">Unicorns mushroom as India battles the Covid pandemic</a></strong></p>.<p>In the previous session, the 30-share index had plunged 677.77 points or 1.13 per cent to end at 59,306.93, and Nifty fell 185.60 points or 1.04 per cent to 17,671.65.</p>.<p>Foreign institutional investors (FIIs) were net sellers in the capital market, as they offloaded shares worth Rs 5,142.63 crore on Friday, as per exchange data.</p>.<p>Markets seem to have reached a rise-on-sell mode as premium valuations of markets and no positive surprise from earnings especially due to higher input costs have weighed on investors' sentiments, said Binod Modi Head-Strategy at Reliance Securities.</p>.<p>"However, despite that overall performance so far has been good with sharp growth in revenue aiding double-digit growth in earnings. In our view, the market may remain volatile with downward bias in the near term and investors will track pricing power of the industries," he stated.</p>.<p>Elsewhere in Asia, bourses in Shanghai, Seoul and Tokyo were trading with gains in mid-session deals, while Hong Kong was in the red.</p>.<p>Meanwhile, international oil benchmark Brent crude fell 0.33 per cent to $83.44 per barrel.</p>.<p><strong>Check out latest DH videos here</strong></p>