By Malvika Gurung
Investing.com -- The Indian equity benchmark indices made a gap-up opening in the customary 1-hour Muhurat Trading session on Monday.
All the sectoral indices listed under the Nifty umbrella traded in the green, led significantly by banking and financial sectors, as Nifty PSU Bank and Nifty Financial Services jumped 1.31%. Nifty Bank surged 1.29%, while the market volatility barometer India VIX surged 1.2% at 6:25 pm.
Barring two stocks, all the constituents of the Nifty50 index traded in green, led by a 3.7% jump in the FMCG conglomerate giant Nestle (NS: NEST ), while private lender ICICI Bank (NS: ICBK ) and the largest mortgage lender HDFC (NS: HDFC ) followed closely, up 2% each.
The FMCG major Hindustan Unilever (NS: HLL ), which is also the sixth most valued Indian company in terms of market capitalization, was the top laggard on Nifty50, zipping down 2.61% at the time of writing.
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