Adani Enterprises Ltd., Infosys Ltd. and Shriram Finance Ltd. emerged as the top gainers in the NSE Nifty 50 on Monday, while IndusInd Bank Ltd. and Sun Pharmaceutical Industries Ltd. were among the top laggards.
Indian stock markets saw a notable surge on Monday, driven by improved investor sentiment following easing of tensions between India and Pakistan and encouraging signals from ongoing US-China trade negotiations. The NSE Nifty 50 closed 3.82% higher at 24,924.70, while the BSE Sensex ended 3.74% up at 82,429.90.
Adani Enterprises Ltd. was among the top performers among the Nifty and closed 7.74% higher. Shares of Infosys gained 7.69% at market close. Shriram Finance, Trent Ltd. and HCL Technologies Ltd. were also among the top gainers.
IndusInd Bank declined on Monday, with the stock closing 3.63% lower. Sun Pharma shares declined nearly 3.15% on Monday, making it the second biggest loser of the trading session.
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