Sensex Breaches 59,000 Mark, Gains 880 Points, Nifty Above 17,600. Auto, IT, Bank Stocks …

Investors gain Rs 3.15 lakh crore in their wealth on Monday, according to Economic Times.Also Read – Share Market LIVE News: Sensex Ends 926 Points Above, Breaches 59,000 Mark.

On the other hand, bank stock including ICICI Bank, Axis Bank and HDFC Bank gained over 2 per cent.

PSU Coal India was trading at Rs 152.6, nearly 5 per cent up from the previous close.

The bank has been struggling with management issues and shares fell as much as over 20 per cent in late December after RBI intervened in the management of the bank.

Nifty Pharma and Nifty Healthcare were the only sectoral indices trading in red, according to data on nseindia’s website.

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