MUMBAI: Indian stock markets ended on a strong note on Monday, extending the gains seen in the previous session, even as global cues remained mixed.
Buying interest in information technology and metal stocks helped push the benchmark indices higher.
Positive sentiment was also supported by optimism around the signing of the India–New Zealand free trade agreement, which boosted investor confidence.
The Sensex closed at 85, 567.48, rising by 638.12 points, or 0.75 per cent. Similarly, the Nifty settled at 26, 161.60, up 195.20 points, marking a gain of 0.75 per cent.
“Nifty closed the session on a strong note after confirming a breakout above the 26, 050–26, 100 zone, validating a double-bottom pattern and reinforcing the ongoing daily uptrend, ” experts said.
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