<p>The benchmark BSE Sensex extended gains for the second straight day by surging about 132 points on Monday on sustained buying by domestic institutional investors despite disappointing macro-economic data and uninterrupted foreign fund outflows.</p>.<p>The NSE index Nifty ended above the 10,500-mark.</p>.<p>However, investor mood remained cautious due to fresh weakness in the rupee on rising crude oil prices and a subdued trend at other Asian markets, following worries over Sino-US trade disputes, a possible slowdown in the Chinese economy and signs of tighter monetary policy by the US Federal Reserve.</p>.<p>The rupee again breached the 74-mark against the US dollar to quote at 74.05 (intra-day) in the forex market.</p>.<p>Brent crude, the international benchmark, was trading higher by 0.98 per cent, to USD 81.79 per barrel.</p>.<p>ALSO READ: <a href="https://www.deccanherald.com/business/shock-not-over-asian-stocks-698013.html" target="_blank">'Shock not over' as Asian stocks extend slide</a></p>.<p>Meanwhile, inflation based on wholesale prices rose to a two-month high of 5.13 per cent in September, mainly due to hardening of food prices and rise in cost of petrol and diesel, according to data released Monday.</p>.<p>Industrial production slipped to a three-month low of 4.3 per cent in August, while retail inflation up marginally to 3.77 per cent in September, data released by Central Statistics Office (CSO) on Friday.</p>.<p>The 30-share barometer, which had gained 732.47 points, its biggest single-day gain in 19 months on Friday, reclaimed the 35,000-mark to hit a high of 35,008.65 at the outset on sustained buying by DIIs but turned choppy and slipped into negative zone to touch a low of 34,559.98.</p>.<p>Finally, it settled 131.52 points, or 0.38 per cent, higher at 34,865.10, largely supported by gains in healthcare and information technology space.</p>.<p>On similar lines, the NSE Nifty was up by 40 points, or 0.38 per cent, at 10,512.50. Intra-day, it shuttled between 10,526.30-10,410.15.</p>.<p>Meanwhile, domestic institutional investors (DIIs) bought shares worth a net Rs 1,287 crore, while foreign portfolio investors (FPIs) sold shares to the tune of Rs 1,322 crore on Friday, as per provisional data.</p>
<p>The benchmark BSE Sensex extended gains for the second straight day by surging about 132 points on Monday on sustained buying by domestic institutional investors despite disappointing macro-economic data and uninterrupted foreign fund outflows.</p>.<p>The NSE index Nifty ended above the 10,500-mark.</p>.<p>However, investor mood remained cautious due to fresh weakness in the rupee on rising crude oil prices and a subdued trend at other Asian markets, following worries over Sino-US trade disputes, a possible slowdown in the Chinese economy and signs of tighter monetary policy by the US Federal Reserve.</p>.<p>The rupee again breached the 74-mark against the US dollar to quote at 74.05 (intra-day) in the forex market.</p>.<p>Brent crude, the international benchmark, was trading higher by 0.98 per cent, to USD 81.79 per barrel.</p>.<p>ALSO READ: <a href="https://www.deccanherald.com/business/shock-not-over-asian-stocks-698013.html" target="_blank">'Shock not over' as Asian stocks extend slide</a></p>.<p>Meanwhile, inflation based on wholesale prices rose to a two-month high of 5.13 per cent in September, mainly due to hardening of food prices and rise in cost of petrol and diesel, according to data released Monday.</p>.<p>Industrial production slipped to a three-month low of 4.3 per cent in August, while retail inflation up marginally to 3.77 per cent in September, data released by Central Statistics Office (CSO) on Friday.</p>.<p>The 30-share barometer, which had gained 732.47 points, its biggest single-day gain in 19 months on Friday, reclaimed the 35,000-mark to hit a high of 35,008.65 at the outset on sustained buying by DIIs but turned choppy and slipped into negative zone to touch a low of 34,559.98.</p>.<p>Finally, it settled 131.52 points, or 0.38 per cent, higher at 34,865.10, largely supported by gains in healthcare and information technology space.</p>.<p>On similar lines, the NSE Nifty was up by 40 points, or 0.38 per cent, at 10,512.50. Intra-day, it shuttled between 10,526.30-10,410.15.</p>.<p>Meanwhile, domestic institutional investors (DIIs) bought shares worth a net Rs 1,287 crore, while foreign portfolio investors (FPIs) sold shares to the tune of Rs 1,322 crore on Friday, as per provisional data.</p>