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Equity markets settle higher for 2nd day

Equity markets settle higher for 2nd day

Mumbai: Unfazed by a sluggish trend in global markets, investors bought shares of Mahindra & Mahindra, Infosys, Tata Consultancy Services, and Reliance Industries on Monday, sending benchmark indices higher.

Consistent withdrawals of foreign capital, however, dampened expectations for a dramatic market rebound.

With this gain, the BSE Sensex gained 0.35 percent, closing at 65,953.48 on a 30-stock basis. It gained 346.65 points, or 0.52 percent, to close the day at 66,067.90.—Inputs from Agencies

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