Sensex rises over 350 points in opening trade; Nifty above 11,100


NEW DELHI: Equity indices opened on a positive note on Monday with the benchmark BSE sensex rising over 350 points.
The 30-share BSE sensex was trading 359 points or 0.96 per cent higher at 37,748; while the broader NSE Nifty was 107 points or 0.97 per cent up at 11,157.
ONGC, Bajaj Finance, NTPC, Axis Bank, L&T and Power Grid were the top gainers in the sensex pack rising as much as 4.86 per cent.
While TCS, Infosys, Bharti Airtel and Hindustan Unilever were the only losers falling up to 0.71 per cent.
Shares of Lakshmi Vilas Bank Ltd fell 4.7% after the lender’s shareholders on Friday rejected the reappointment of seven directors, including the managing director and chief executive. The Reserve Bank of India (RBI) has appointed a committee to run the bank.
In the previous session, the 30-share BSE index closed 835.06 points or 2.28 per cent higher at 37,388.66. Similarly, the NSE Nifty vaulted 244.70 points or 2.26 per cent to finish at 11,050.25.

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