Favourable macros boost market sentiment

Better than expected macroeconomic fundamentals, and optimistic comments by leading industrialists and market experts boosted investor sentiments on Monday.

- FPJ News Service

The 30-share Sensex recovered 554.84 points to close at 80,364.49 with 23 of its constituents ending higher and seven lower. The index opened with gains and later surged 597.19 points to hit a high of 80,406.84. The 50-share NSE Nifty spurted by 198.20 points or 0.81 per cent to close at 24,625.05.