Sensex, Nifty End Higher Led By IT Stocks

Sensex, Nifty End Higher Led By IT Stocks

Indian shares closed higher on Monday, mirroring gains in other Asian and European markets after the first round of voting left Le Pen\'s National Rally looking short of securing a majority in parliament, helping ease concerns about further strains on the country\'s public finances.

President Emmanuel Macron has called for a \"broad\" alliance against the far right in the second round, which will see run-off votes between two or three candidates where there was no outright winner in the first round.

The benchmark S&P/BSE Sensex ended the session up 443.46 points, or 0.56 percent, at 79,476.19 - extending the ongoing uptrend.

The broader NSE Nifty index closed up 131.35 points, or 0.55 percent, at 24,141.95 and the mid-cap and small-cap stocks also saw renewed strength.

IT stocks topped the gainers list, with Tech Mahindra and Wipro climbing 3 percent and 2.4 percent respectively.

Bajaj Finance, Grasim and UltraTech Cement all rose around 2 percent while Apollo Hospital Enterprise, Eicher Motors and NTPC dropped 1-2 percent.

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