NIFTY (2939) SUP 2890 RES 2980

Indian market ended with stellar gains on Monday with huge turnover. Exchanges recorded its highest turnover ~72,000cr since September 2008. After a bright start, key indices gained momentum as the day progressed.

Unabated buying in the banking, oil & gas and metals stocks lifted the BSE Sensex and the NSE Nifty t close above the 9,400 and 2900 levels respectively.

Finally, the BSE Sensex surged 457 points to close at 9,424 and the NSE Nifty surged 132 at 2,939.