Today's positive US economic data lifted global stock prices, ending a losing streak that had lasted three days. Monday's benchmark indices closed 1.4% higher after a poor week. Investors placed bullish bets because a contraction in US services and a slower wage increase indicated that the economy may be cooling off. The day's high for the Sensex was 989 points higher. At 60,747, it eventually settled 847 points higher. M&M, HCL Tech, TCS, IndusInd Bank, Bharti Airtel, Tech M, Infosys, Wipro, Reliance, Axis Bank, and HUL led the index's gains, which ranged from 2% to 3%.
With a gain of 242 points, the Nifty ended at 18101. SBI Life, which gained 3%, was one of its other winners. On the other hand, Titan, Bajaj Finserv, Maruti, Bajaj Auto, HDFC Life, and Grasim were some of the few losers.
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