Market starts week on strong note

At close, Sensex was up 341.04 points or 0.46 percent at 74,169.95, and the Nifty was up 111.55 points or 0.50 percent at 22,508.75

- STATESMAN NEWS SERVICE

Benchmark indices on Monday started the week on a strong note. Nifty 50 rose 0.5 per cent to close above 22,500 on a day of supportive global cues with weak market breadth.

Sensex snapped its five-day losing streak to end with a decent gain of about half a per cent tracking positive global cues.

At close, Sensex was up 341.04 points or 0.46 per cent at 74,169.95, and the Nifty was up 111.55 points or 0.50 per cent at 22,508.75.

BSE Midcap index ended up 0.7 per cent and smallcap index ended on a flat note.

BSE Smallcap index remained subdued and closed the day with a nominal loss of 0.02 per cent.