Santa rally lights up D-Street

Investors richer by ₹9.52 L crore in two sessions

- KISHOR KADAM

STARTING THE WEEK on a positive note, the benchmark indices, Sensex and Nifty, advanced nearly 1% on Monday,extending the rebound seen on Friday, supported by positive global cues and stability in the rupee against the US dollar.

The Sensex jumped 638.12 points, or 0.75%, to close at 85,567.48, while the Nifty surged 206 points, or 0.79%, to 26,172.40.

"The sentiment was supported by favourable global cues and a relative stability in the rupee, which helped ease concerns over external pressures. A pause in aggressive foreign selling, along with rotational buying in select index heavyweights, contributed to the steady undertone," said Ajit Mishra, SVP - research, Religare Broking.