Also, three sectoral indices—BSE auto index, BSE consumer discretionaries index and BSE fast-moving consumer goods index—closed at all-time highs. “Global markets have recovered well from Brexit shock and especially the emerging markets have performed well. The thirty-share benchmark index Sensex gained 292.10 points, or 1.05%, to 28,095.34 points, while the NSE’s 50-share Nifty rose 1.11% to 8,635.65. ETF (exchange traded funds) flows in global emerging markets is also quite strong,” said Vaibhav Sanghavi, managing director of Ambit Investment Advisors Pvt. Apart from global uncertainties, things look good right now.”Market breadth was positive on Monday, with gainers outpacing losers in the ratio of 1.7:1.

Source: Mint July 25, 2016 19:07 UTC