Mumbai: Extending its rally for the third straight session, the BSE benchmark Sensex on Monday rose by 181.58 points to close at nearly one-month high, led by gains in bluechips, including RIL, L&T and Maruti, amid higher foreign fund inflows.
    
The 30-share index commenced on a firm note at 19,456 and rose further by 181.58 points, or 0.94 percent, to 19,577.39. This is Sensex's highest close since 19,610.48 on June 3.
    
Similarly, the wide based National Stock Index, Nifty, closed 56.65 points, or 0.97 percent higher at 5,898.85. Also, SX40 index, the flagship index of MCX-SX, rose by 126.46 points, or 1.10 percent, at 11,620.81.
    
Brokers said energy stocks, led by heavyweight Reliance Industries, rose smartly after the government agreed to raise natural-gas prices as part of economic-policy overhaul to revive growth.
    
They said foreign funds snapped a 13-day long selling streak and turned net buyers in the last two sessions, which helped the market to rise. Foreign institutional investors pumped in Rs 1,124.31 crore into local equities on Friday, as per BSE provisional data.
    
Out of the 30 BSE shares, 24 shares ended with gains led by Maruti Suzuki rising 4.37 percent to Rs 1,605.25. Other major gainers were RIL, which closed 2.43 percent higher at Rs 882.80 and Larsen and Toubro up 3.26 percent at Rs 1,449.95. Tata Power rose by 2.73 percent to Rs 88.40 after the company raised its tariff and NTPC jumped up by 2.78 percent to Rs 147.70.

Sectorally, the realty sector index gained the most by surging 5.26 percent to 1,590.67 followed by power index by 2.77 percent to 1,667.53.

(Agencies)

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