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Sensex closes 303 points higher, Nifty at 10,582

Mumbai: Shares posted gains for a second straight session on Monday, with BSE Sensex closing over 300 points higher and NSE’s Nifty 50 closing at 10,582. Shares were boosted by gains in auto and realty stocks, offsetting losses in IT and Teck. The gains come after stock markets fell on worries over the fallout from a $1.8 billion fraud at Punjab National Bank.

This week, markets will watch for gross domestic product (GDP) data for the December quarter to be released on Wednesday. Maruti, Tata Motors, IndusInd Bank and L&T were top gainers, whereas Sun Pharma, TCS, Infosys and ITC were among the major losers. Here are the highlights from the markets.

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