Sensex rallies more than 600 points amid positive signals globally, Nifty trades above 15,850

Sensex and Nifty started with a higher note today.

New Delhi:

India’s share benchmark on Monday traded higher in open trades, extending their gains for a third straight session amid positive signals from global markets. Asian stocks rallied amid improved risk sentiment after Wall Street’s strong rally late last week.

The Singapore Exchange (SGX Nifty) Nifty Futures trend indicates a higher start to the domestic indices.

The 30-share BSE Sensex rose 616 points or 1.17% to 53,344 at the start of the session, while the broader NSE Nifty was up 186 points, or 1.19%, to trade at 15,886.

Mid and small cap stocks traded strongly today with Nifty Midcap 100 up 1.10% and small cap up 1.18%.