Most sectoral indices on the NSE were trading in the green. Nifty IT & Nifty Media indices rose 0.39% each
Macrotech Developers has launched its qualified institutional placement on Monday. The floor price is set at Rs 1,184.70 per share.
U.S. equities were flat on Monday, as U.S. Treasury yields reversed and climbed higher, and investors awaited quarterly reports from big retailers.
Sensex settled 32 points or 0.05% higher at 60,718, while the Nifty added 6 points or 0.04% to close at 18109.
With such mouthwatering returns allotted investors are in a fix whether to book profits or hold on to the stock
Rich valuations, a high probability of earnings disappointment, and a potential lack of marginal buyers are key reasons to book profits.
The surge in earnings has been led by financials, metals & mining and oil & gas.
Shares of PB Fintech, Sigachi Industries & SJS Enterprises will make their stock market debut today on the bourses.
Asian stocks are trading higher on Monday as investors look ahead to Chinese economic data releases due out later today.
Chartviewindia.in is bullish on SBI Life Insurance with a price target of Rs 1,212 per share.