![]() Two-wheeler maker Hero MotoCorp (HROM.NS) gained 2.7%, while Mahindra (MAHM.NS) and Maruti Suzuki (MRTI.NS) advanced more than 1.5% each. ![]() "A revival of monsoon in some parts of India will spur rural population's discretionary spending and increase the sale of especially two-wheelers," said Rahul Sharma, market strategist and head of research at Equity99. The indexes struggled for direction for a large part of Monday's session, before seeing some buying led by automakers and pharmaceutical stocks. ![]() Last week, the Nifty consolidated just shy of record levels, while the Sensex eased after hitting an all-time high, weighed down by hawkish central bank commentary. However, the Nifty midcap 100 index (.NIFMDCP100) climbed 0.9%.ĭomestic equities appeared to brush off worries of political instability in Russia and a subsequent rise in oil prices, after a short-lived mutiny by Russian mercenaries against Moscow. ![]() BENGALURU, June 26 (Reuters) - India's blue-chip Nifty 50 ended a touch higher on last-hour buying on Monday, lifted by gains in automakers after monsoons revived in some parts of the country, while midcap stocks climbed sharply. ![]()
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