<p>Equity benchmarks started the first day of trade of the New Year on a positive note and ended with smart gains, propelled by buying in index majors <a href="https://www.deccanherald.com/tag/reliance-industries-ltd" target="_blank">Reliance Industries</a> and <a href="https://www.deccanherald.com/tag/icici-bank" target="_blank">ICICI Bank</a> amid a firm trend in European markets.</p>.<p>The 30-share BSE Sensex climbed 327.05 points or 0.54 per cent to settle at 61,167.79 on Monday. During the day, it jumped 382.05 points or 0.62 per cent to 61,222.79.</p>.<p>The broader NSE Nifty advanced 92.15 points or 0.51 per cent to end at 18,197.45.</p>.<p>From the Sensex pack, Tata Steel, Tata Motors, ICICI Bank, Axis Bank, Mahindra & Mahindra, Reliance Industries, NTPC and Bharti Airtel were the prominent winners.</p>.<p>However, Asian Paints, Titan, Tech Mahindra, Nestle and Hindustan Unilever were among the major laggards.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/economy-business/indias-mfg-pmi-hits-13-month-high-in-december-on-rise-in-new-orders-strong-demand-1177132.html" target="_blank">India's mfg PMI hits 13-month high in December on rise in new orders, strong demand</a></strong></p>.<p>Robust GST collections last month indicate resilience of the economy, said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.</p>.<p>The collections from Goods and Services Tax (GST) grew 15 per cent to Rs 1.49 lakh crore in December 2022, indicating improved manufacturing output and consumption demand, besides better compliance.</p>.<p>India's manufacturing sector activity rose to a 13-month high in December, supported by healthy inflows of new business and strong demand conditions, according to a monthly survey.</p>.<p>Elsewhere in Asia, equity markets in Seoul ended lower.</p>.<p>Equity exchanges in Europe were trading in the green in mid-session deals. Markets in the US had ended lower on Friday.</p>.<p>International oil benchmark Brent crude climbed 2.94 per cent to $85.91 per barrel.</p>.<p>Foreign Institutional Investors (FIIs) offloaded shares worth a net Rs 2,950.89 crore on Friday, according to exchange data.</p>
<p>Equity benchmarks started the first day of trade of the New Year on a positive note and ended with smart gains, propelled by buying in index majors <a href="https://www.deccanherald.com/tag/reliance-industries-ltd" target="_blank">Reliance Industries</a> and <a href="https://www.deccanherald.com/tag/icici-bank" target="_blank">ICICI Bank</a> amid a firm trend in European markets.</p>.<p>The 30-share BSE Sensex climbed 327.05 points or 0.54 per cent to settle at 61,167.79 on Monday. During the day, it jumped 382.05 points or 0.62 per cent to 61,222.79.</p>.<p>The broader NSE Nifty advanced 92.15 points or 0.51 per cent to end at 18,197.45.</p>.<p>From the Sensex pack, Tata Steel, Tata Motors, ICICI Bank, Axis Bank, Mahindra & Mahindra, Reliance Industries, NTPC and Bharti Airtel were the prominent winners.</p>.<p>However, Asian Paints, Titan, Tech Mahindra, Nestle and Hindustan Unilever were among the major laggards.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/economy-business/indias-mfg-pmi-hits-13-month-high-in-december-on-rise-in-new-orders-strong-demand-1177132.html" target="_blank">India's mfg PMI hits 13-month high in December on rise in new orders, strong demand</a></strong></p>.<p>Robust GST collections last month indicate resilience of the economy, said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.</p>.<p>The collections from Goods and Services Tax (GST) grew 15 per cent to Rs 1.49 lakh crore in December 2022, indicating improved manufacturing output and consumption demand, besides better compliance.</p>.<p>India's manufacturing sector activity rose to a 13-month high in December, supported by healthy inflows of new business and strong demand conditions, according to a monthly survey.</p>.<p>Elsewhere in Asia, equity markets in Seoul ended lower.</p>.<p>Equity exchanges in Europe were trading in the green in mid-session deals. Markets in the US had ended lower on Friday.</p>.<p>International oil benchmark Brent crude climbed 2.94 per cent to $85.91 per barrel.</p>.<p>Foreign Institutional Investors (FIIs) offloaded shares worth a net Rs 2,950.89 crore on Friday, according to exchange data.</p>