Market Closing Bell: Bulls in action for 5th day, Sensex, Nifty rally for over 1 per cent

Bulls are in action for the fifth day at Dalal Street as benchmark equity indices, Sensex and Nifty, gained over 1 per cent on Monday on the back of buying in banking and IT shares after encouraging quarterly earnings and foreign fund inflows. The 30-share BSE Sensex jumped 855.30 points or 1.09 per cent to settle above the 79,000 mark at 79,408.50. Earlier in the day, it surged 1,081.85 points or 1.37 per cent to 79,635.05.

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