On Monday, Indian shares began on a positive note, bolstered by encouraging signals from global markets as investors welcomed signs of easing inflation in the United States.
Early trade saw the benchmark S&P BSE Sensex up by 594 points, or 0.8 percent, at 71,295. Concurrently, the broader NSE Nifty index increased by 180 points, or 0.8 percent, to 21,532.
The top performers included SBI Life, Adani Ports, Sun Pharma, ONGC, and Adani Enterprises, which each experienced a 3-5 percent rally.
Despite announcing a five-fold increase in Q3 profit, JSW Steel experienced a roughly 1 percent decline.
Piramal Enterprises saw a 0.7 percent rise following the sale of its entire 20 percent investment in Shriram Investment Holdings Private.
News of ICICI Lombard General Insurance's plan to acquire a 1.08 percent stake in Karnataka Bank led to approximately half a percent rise in the company's shares.
Anticipating their earnings results, ITC experienced a decline of about half a percent, while Bajaj Finance recorded a 1 percent increase.
PNB shares rose by 1.3 percent following an uplift in its profit guidance.
The unveiling of the Punch EV led to a 0.6 percent increase for Tata Motors.
