With this, the market cap of BSE-listed companies crossed Rs 400 lakh crore.
At the end, Nifty was at 22,666, up 0.68 per cent or 152 points. Jasani said cash market volume on the NSE fell marginally to Rs 0.95 lakh crore, while broader market indices underperformed compared to the Nifty.
There was a slight rise in global stock markets
He said, the start of the first quarter earnings season and the European Central Bank's interest rate decision.
Nagaraj Shetty, Senior Technical Research Analyst, HDFC Securities, said that after showing range-bound movement on Friday, Nifty turned into a sustained uptrend on Monday and closed the day with a gain of 152 points.
After opening with a margin of 65 points, the market continued to lead you for most of the session. A new all-time high of 22.69 was recorded, he said.
Although Nifty is at new highs, there is still no sign of a reversal pattern forming at the highs.
Shetty said that the short-term bullishness of Nifty continues and the next gain level can be seen around 22,800.
Vaibhav Vidwani, Research Analyst, Bonanza Portfolio said the Nifty PSU Restrictions index was in the red as PSU banks reported slightly lower than expected numbers for advances and deposits growth, leading to disappointment in the sector.
The price of gold resumed its record high on Monday, while silver near $28 an ounce, amid speculative buying and ongoing geopolitical concerns in the Middle East that obscured strong US jobs growth in March. Which is the highest level in three years internationally, Vidwani said.
At the end, Nifty was at 22,666, up 0.68 per cent or 152 points. Jasani said cash market volume on the NSE fell marginally to Rs 0.95 lakh crore, while broader market indices underperformed compared to the Nifty.
There was a slight rise in global stock markets
He said, the start of the first quarter earnings season and the European Central Bank's interest rate decision.
Nagaraj Shetty, Senior Technical Research Analyst, HDFC Securities, said that after showing range-bound movement on Friday, Nifty turned into a sustained uptrend on Monday and closed the day with a gain of 152 points.
After opening with a margin of 65 points, the market continued to lead you for most of the session. A new all-time high of 22.69 was recorded, he said.
Although Nifty is at new highs, there is still no sign of a reversal pattern forming at the highs.
Shetty said that the short-term bullishness of Nifty continues and the next gain level can be seen around 22,800.
Vaibhav Vidwani, Research Analyst, Bonanza Portfolio said the Nifty PSU Restrictions index was in the red as PSU banks reported slightly lower than expected numbers for advances and deposits growth, leading to disappointment in the sector.
The price of gold resumed its record high on Monday, while silver near $28 an ounce, amid speculative buying and ongoing geopolitical concerns in the Middle East that obscured strong US jobs growth in March. Which is the highest level in three years internationally, Vidwani said.
