Mumbai: Benchmark BSE Sensex climbed nearly 295 points to close at an over four-month high on Monday following sustained foreign fund inflows and a sharp correction in global crude oil prices.
Rising for the second in a row, the 30-share BSE barometer gained 294.85 points or 0.37 per cent to settle at 80,796.84, marking its highest close in 2025 so far. During the day, it jumped 547.04 points or 0.67 per cent to 81,049.03.
The NSE Nifty rose 114.45 points or 0.47 per cent to 24,461.15, its highest closing level in 2025.
Foreign portfolio investors continued their buying streak, pumping in ₹40,147 crore over the last 12 sessions—the longest such run in two years. The oil and gas sector surged 1.7% as OPEC+ plans to increase oil supply pushed prices lower, boosting refiners like BPCL, IOC, and HPCL.
Mahindra & Mahindra jumped 3.3% on strong Q4 results, lifting the auto index 1.9%. Adani Group stocks rallied after reports of the group’s engagement with US officials, with Adani Enterprises and Adani Ports soaring over 6%. In contrast,
Kotak Mahindra Bank dropped 4.6% following a profit miss. Broader markets also advanced, with mid- and small-cap indices up 1.8% and 1%, respectively.