Sensex, Nifty jump almost 2% higher amid global rally


Shares in the other Asian markets rose, taking positive cues from Wall Street where shares ended nearly 2 per cent higher on Friday.

Bharti Airtel, ITC Limited and the National Thermal Power Corporation were the top gainers in the two indices.

However, later it gave up some of the gains but still ended up by 610.55 points, or 1.83 per cent, at one-week high of 33,917.94.

Men's Basketball To Play Texas A&M On Friday In The NCAA Tournament
Guard Alpha Diallo averages 13 points and 6.6 boards, while point guard Kyron Cartwright averages 11.8 points and 5.7 assists. The Tar Heels will now open up the first two rounds of the tournament close to home, playing in Charlotte, North Carolina .

Equity markets on Monday turned encouragingly buoyant as Sensex posted its biggest gain in intra-day trade since March 2016.

On the NSE, the wider Nifty50 edged higher by 165.70 points, or 1.62 per cent, to trade at 10,392.55 points.

"Firm global cues and expectation of ease in domestic inflation to 4.74% excited investors to utilise the bargain opportunity".

Achilles Heel for UCLA that could make for a quick NCAA Tournament
The show will be aired on TBS for the first time since CBS and Turner Sports began partnering on NCAA Tournament coverage in 2011. These three tournament teams have been struggling as of late, and seem to be hobbling into the NCAA tournament.

However, analysts said that Indian markets will focus on key macro data expected to be released this week.

However, shares of Karnataka Bank (down 0.39 per cent) and South Indian Bank (down 0.20 per cent) were slightly down around that time.

Crude check: Brent crude, the benchmark for more than half the world's oil, gained 0.46 percent at $65.79 per barrel while the West Texas Intermediate crude advanced 0.35 percent at $62.26 a barrel, on Monday morning. The Nifty Midcap index was up 1 percent despite balanced market breadth.

Warriors' Iguodala sits again with sprained wrist
Zaza Pachulia pitched in 16 points and 11 rebounds, but without their catalyst, Curry, the Warriors weren't the same. Draymond Green flirted with a triple-double, finishing with 10 points, eight rebounds and seven assists.

"Asian stocks boosted sentiment on the domestic bourses while global stocks gained as worldwide trade-war concerns abated and were replaced by economic optimism following a stronger U.S. jobs report released over the weekend", Karthikraj Lakshmanan, Senior Fund Manager - Equities, BNP Paribas Mutual Fund said.