Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity benchmark indices started Monday’s trading session with gains following strong global cues. S&P BSE Sensex opened above 49,200 for the first time in history while Nifty 50 began the day above 14,400. IT stocks were the leading gainers on Monday morning. Infosys, HCL Technologies, and ITC were the top gainers. Among the top drags were Axis Bank, Maruti Suzuki India, and Bajaj Finance. Nifty Smallcap 50 was outperforming the benchmark while Midcap 50 was underperforming. 


Earning of India’s leading companies are looking to bounce back strongly in the third quarter after the coronavirus-induced hit that they suffered in the initial months of this fiscal year. IT major TCS has reported strong on-year growth in net profit while Radhakishan Damani’s Avenue Supermarts said its net profit grew 16% on-year basis. Business activity has been picking up and the October-December earnings are expected to be better with pent-up demand and festive demand collectively boosting figures for India Inc.