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Markets snap 8-day losing streak. Nifty closes near 23,000, Sensex up 70 points led by pharma

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Markets snap 8-day losing streak. Nifty closes near 23,000, Sensex up 70 points led by pharma

It was a volatile session on the D-Street on Monday. The domestic key equity indices ended on a higher note, recouping from the day’s low. The NSE Nifty 50 closed the session 37.25 points or 0.16% at 22,966.50, while the BSE Sensex rose 68.47 points or 0.09% to end the day at 76,007.68 

The Nifty Pharma and Healthcare led the recovery path. The Nifty Pharma closed the session at 1.20% higher while the Nifty Healthcare ended at 1.60% higher. 

The banking index, Nifty Bank closed the session 196.65 points or 0.40% at 49,296.10. Following the overall trend, the broader indices closed higher on Monday, the Nifty Midcap 100 finished 234 points, or 0.47%, higher at 49,888.15.  

ALSO READMotilal Oswal’s top 4 Buy recommendations at this hour

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