Indian equity markets opened the week on a strong positive note on Monday, with benchmark indices registering significant gains during the opening session.

The BSE Sensex jumped 718.71 points, or 0.97%, to open at 75,178.24. Meanwhile, the NSE Nifty 50 advanced 169.20 points, or 0.73%, to begin trading at 23,222.30.

The positive opening followed a strong closing session on Friday, when both benchmark indices ended the previous week in positive territory.

Broad-Based Buying Lifts Market Sentiment

Market sentiment remained largely positive during the opening trade, with most constituent stocks trading in the green.

On the BSE Sensex, shares of 29 out of 30 companies opened higher, while only one stock began the session in the red.

Similarly, on the NSE Nifty 50, 43 out of 50 constituent companies opened with gains, while the remaining seven recorded losses.

Reliance Industries Leads Sensex Gainers

Among the Sensex constituents, Reliance Industries emerged as the biggest gainer, with its shares opening 4.61% higher.

On the other hand, Sun Pharmaceutical Industries was the biggest laggard among the benchmark index constituents, opening with a decline of 1.40%.

The strong opening across benchmark indices and the broader participation of stocks in the rally indicated positive investor sentiment at the start of the week’s trading session.