Mumbai: India’s equity markets started the week on a positive note, with key benchmarks rising on Monday, driven by strong corporate earnings and supportive global market trends. The Nifty 50 climbed 0.75% to 25,899.5, while the BSE Sensex advanced 0.77% to 84,613.19 by 9:17 a.m. IST. Gains were broad-based, with all 16 sectors recording increases at the opening bell. The small-cap and mid-cap indices also rose, up approximately 0.2% and 0.7%, respectively, reflecting a market-wide optimism.
Leading the charge was conglomerate Reliance Industries, whose shares rose 2.7% despite missing quarterly profit estimates. Analysts highlighted the company’s strong core earnings, robust retail performance, and an encouraging outlook for future earnings as key drivers of investor confidence. Relian