Equity benchmark Sensex rallied over 900 points in early trade on Monday, driven by gains in HDFC twins, ICICI Bank and Reliance Industries

Mumbai: Equity benchmark Sensex rallied over 900 points in early trade on Monday, driven by gains in HDFC twins, ICICI Bank and Reliance Industries amid firm cues from global markets.

After touching a high of 33,334.96 in opening session, the 30-share index was trading 859.14 points or 2.65 per cent higher at 33,283.24.

Sensex ends 192 pts lower post RBI policySimilarly, NSE Nifty surged 242.50 points or 2.53 per cent to 9,822.80.

Axis Bank was the top gainer in the Sensex pack, rising around 7 per cent, followed by Tata Steel, Bajaj Finance, IndusInd Bank, SBI, ICICI Bank and HDFC twins.

In the previous session, the BSE barometer finished at 32,424.10, up 223.51 points or 0.69 per cent, while Nifty advanced 90.20 points or 0.95 per cent to close at 9,580.30.

Photo The home ministry on Saturday said 'Unlock-1' will be initiated in India from June 8 under which the nationwide lockdown effectuated on March 25 will be relaxed to a great extent, including opening of shopping malls, restaurants and religious places.

However, strict restrictions will remain in place till June 30 in containment zones.