Share market HIGHLIGHTS: Sensex and Nifty — the benchmark equity indices — closed October’s first trading day on a higher note, with the BSE Sensex closing 299 points, or 0.83%, higher at 36,526.14 points, and NSE Nifty ending at 11,008.30 points, up 77.85 points or 0.71% on Monday. A sharp recovery in financial stocks, and healthy buying in IT and TECK (technology, media and entertainment) stocks, along with improving manufacturing sector activity of the country, gave a boost to the market sentiment.
The Sensex surged 389 points to an intra-day high of 36,616.64 points during late afternoon deals on Monday. HDFC was the top index contributor at 93 points, followed by TCS (76.92), Infosys (63.48), HDFC Bank (62.85), ICICI Bank (59.06), Yes Bank (32.70) and SBI (30.36). Yes Bank shares were the top gainer on both the BSE and the NSE. On the Sensex, Yes Bank shares closed higher by 9.68%, after climbing 14.30% to an intraday high of Rs 209.70.