<p>Market benchmark BSE Sensex jumped over 175 points to hit its record high of 41,185.03 in the opening session on Monday tracking global euphoria over the US-China trade deal.</p>.<p>After starting significantly higher, the 30-share index pared gains to trade 15.33 points or 0.04 per cent up at 41,025.04. Similarly, the broader Nifty was trading 5.75 points or 0.05 per cent up at 12,092.45.</p>.<p>Kotak Bank was the top gainer in the Sensex pack rising up to 2.01 per cent, followed by HCL Tech, Tech Mahindra, TCS, Bajaj Auto and SBI.</p>.<p>On the other hand, Sun Pharma was the top loser, shedding up to 1.57 per cent. Yes Bank, HUL, ITC, Bajaj Finance and Axis Bank were also trading in the red.</p>.<p>In the previous session, the 30-share gauge ended 428 points, or 1.05 per cent, higher at 41,009.71, while the Nifty settled 114.90 points or 0.96 per cent, higher at 12,086.70.</p>.<p>On a net basis, foreign institutional investors bought equities worth Rs 115.70 crore, and domestic institutional investors purchased shares worth Rs 384.92 crore, data available with the stock exchange showed on Friday.</p>.<p>According to traders, an agreement between the US and China over trade tariffs has enthused global investors.</p>.<p>The two countries have reached a historic agreement on a phase one trade deal reaching a big breakthrough in the over 18-month-long bruising trade war between the world's two largest economies that threatened to roil the global economy.</p>.<p>Bourses in Hong Kong, Shanghai, Tokyo and Seoul were trading on a flat note.</p>.<p>Back home, market participants are eyeing announcement of wholesale inflation later in the day, traders said.</p>.<p>Brent futures, the global oil benchmark, fell 0.34 per cent to USD 65 per barrel.</p>.<p>Meanwhile, the rupee appreciated 6 paise to 70.77 in the morning session. </p>
<p>Market benchmark BSE Sensex jumped over 175 points to hit its record high of 41,185.03 in the opening session on Monday tracking global euphoria over the US-China trade deal.</p>.<p>After starting significantly higher, the 30-share index pared gains to trade 15.33 points or 0.04 per cent up at 41,025.04. Similarly, the broader Nifty was trading 5.75 points or 0.05 per cent up at 12,092.45.</p>.<p>Kotak Bank was the top gainer in the Sensex pack rising up to 2.01 per cent, followed by HCL Tech, Tech Mahindra, TCS, Bajaj Auto and SBI.</p>.<p>On the other hand, Sun Pharma was the top loser, shedding up to 1.57 per cent. Yes Bank, HUL, ITC, Bajaj Finance and Axis Bank were also trading in the red.</p>.<p>In the previous session, the 30-share gauge ended 428 points, or 1.05 per cent, higher at 41,009.71, while the Nifty settled 114.90 points or 0.96 per cent, higher at 12,086.70.</p>.<p>On a net basis, foreign institutional investors bought equities worth Rs 115.70 crore, and domestic institutional investors purchased shares worth Rs 384.92 crore, data available with the stock exchange showed on Friday.</p>.<p>According to traders, an agreement between the US and China over trade tariffs has enthused global investors.</p>.<p>The two countries have reached a historic agreement on a phase one trade deal reaching a big breakthrough in the over 18-month-long bruising trade war between the world's two largest economies that threatened to roil the global economy.</p>.<p>Bourses in Hong Kong, Shanghai, Tokyo and Seoul were trading on a flat note.</p>.<p>Back home, market participants are eyeing announcement of wholesale inflation later in the day, traders said.</p>.<p>Brent futures, the global oil benchmark, fell 0.34 per cent to USD 65 per barrel.</p>.<p>Meanwhile, the rupee appreciated 6 paise to 70.77 in the morning session. </p>