Equity benchmarks extended last week’s rally with the Sensex reclaiming 28000 level ahead of Monsoon Session of Parliament. GST Bill will be key factor to watch out for in near term.
The 30-share BSE Sensex was up 176.61 points or 0.63 percent at 28013.11 and the 50-share NSE Nifty rose 37.30 points or 0.44 percent ot 8578.70.
The broader markets also gained in line with benchmarks as about two shares advanced for every share declining on the Bombay Stock Exchange.
Tata Motors and Maruti Suzuki topped buying list on Sensex, up 2 percent each followed by Reliance Industries, Axis Bank, Asian Paints and Sun Pharma while IT and FMCG stocks were under pressure.
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