FX.co ★ Sensex, Nifty Modestly Higher In Early Trade

Indian stocks experienced a slight uptick in early Monday trading, influenced by mixed signals from global markets.

The benchmark S&P/BSE Sensex rose by 267 points, or 0.3%, reaching 84,812, while the broader NSE Nifty index gained 116 points, or 0.5%, to settle at 25,906.

Among the leading gainers, Mahindra & Mahindra, Bharti Airtel, ONGC, Adani Enterprises, and Bajaj Auto each recorded around a 2% increase.

Reliance Power surged by 5% amid reports of a new fundraising initiative.

SpiceJet witnessed a 7.2% spike following the successful raising of Rs 3,000 crores through the sale of shares to qualified institutional investors.

Vodafone Idea rallied by 8.6% after sealing a significant $3.6 billion (approximately Rs 30,000 crore) agreement with Nokia, Ericsson, and Samsung for network equipment supply over the next three years.