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Sensex, Nifty soar 1%, defies global mood; Nifty above 17550 support may hit 17800; check what analysts say

The BSE Sensex and NSE Nifty 50 ended the first day of the week in positive territory. BSE Sensex jumped 443 or 0.8 per cent at 59,246, while NSE Nifty 50 ended at 17,665.80, up 0.7 per cent. Stocks of index heavyweights such as Reliance Industries Ltd (RIL), ICICI Bank, ITC, HDFC Bank, L&T, and Infosys among others contributed the most to the indices gains. Broader markets also ended in the green. S&P BSE MidCap index rose 0.5 per cent or 117 points up at 25,581. S&P BSE SmallCap index soared nearly one per cent or 256 to settle at …

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