The gradual upside continued in the market for the fourth consecutive session on September 21 and Nifty closed the day with modest gains of 67 points amid range bound action.
Indian shares edged higher on Monday, aided by bargain-buying following recent losses, while elevated crude prices and heightened primary market activity limited the gains.
India's Nifty 50 rose 0.29% to 23,414.30 and the BSE Sensex added 0.76% to 74,858.99. They were up 0.35% and 0.81% ahead of the closing auction.
Among sectors, Realty, Pharma, and Healthcare indices rallied over 1%, whereas the Capital Market index was the top loser, shedding 1.34%.
Global cues turned somewhat supportive as Brent crude slipped below $101 per barrel, aided by expectations of a gradual recovery in Saudi oil shipments. The rupee remained relatively stable around the Rs 95.8–96/$ zone.
Nifty and Sensex have fallen for six straight weeks, their longest losing streak in six years.
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