Markets Recover to End Higher; Sensex and Nifty Post Firm Gains

Market Overview: Sensex, Nifty End Higher on Broad-Based Buying

Mumbai, May 4 (BNP): Indian equity markets ended the trading session on a positive note on Monday, supported by buying in blue-chip stocks and overall firm investor sentiment.

Benchmark indices saw a steady recovery during the day before closing with gains. The 30-share BSE Sensex rose 355.90 points, or 0.46%, to settle at 77,269.40. During intraday trade, it had climbed as much as 997.25 points to hit 77,910.75.

Similarly, the 50-share NSE Nifty advanced 121.75 points, or 0.51%, to close at 24,119.30.

Market participants said buying interest in heavyweight stocks helped support the indices through the session, even as investors tracked broader economic and political developments.

Overall, sentiment remained constructive, with markets managing to end the day firmly in the green after witnessing intraday volatility.