The Sensex and Nifty consolidated their early gains to close Monday's session on a high. While the Sensex ended the day up 242.77 points (1.23 per cent) at 19906.41, the Nifty closed up 72.75 points (1.22 per cent) at 6024.05.

The Sensex was given a boost by the realty index which was up 5 per cent and the technology indices which gained more than 2 per cent on the day. Most of the other sectoral indices also gained by more than one per cent with the consumer durables index moving up by 1.80 per cent and the banking by 1.07 per cent. The healthcare and auto indices were the only two trading in the red.

The top gainers at the close were ONGC (up 4.28 per cent), Jindal Steel (3.49 per cent), Infosys (3.34 per cent), TCS (2.14 per cent) and HDFC (1.93 per cent). The laggards included M&M (down 0.64 per cent), Tata Motors (0.65 per cent), Bajaj Auto (1.14 per cent), Cipla (1.23 per cent), and Maruti (1.72 per cent).

The Asian markets were subdued amid a lack of cues from Wall Street and ahead of the results season. Japanese financial markets are shut for a public holiday today. The US stock markets ended largely flat on Friday ahead of corporate earnings to be announced this week.

In late trading on Monday, Hong Kong’s Hang Seng was up 119.43 points (0.51 per cent) at 23,383.50, Singapore’s Straits Times was down 9.91 points (0.31 per cent) at 3,206.59, and South Korea’s Kospi was up 10.37 points (0.52 per cent) at 2,007.04. Japan’s Nikkei 225 was at 10,801.57, up 148.93 points or 1.40 per cent.

The European markets were trading in the green early in the session ahead of the release of Euro-Zone industrial output data for November which is expected to show an improvement month-on-month.

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