Market extends gains for second straight day, Sensex reclaims 60,500 mark; Lacklustre response to Paytm IPO; more

The market has extended gains for the second straight day as Sensex reclaimed the 60,500 mark. Sensex rallied 478 points on Monday after gains in index majors HDFC, Infosys and Kotak Bank despite a negative trend in the global markets.

After a volatile session, the 30-share index ended 477.99 points or 0.80 per cent higher at 60,545.61.

The broad based Nifty surged 151.75 points or 0.85 per cent to 18,068.55 as 40 of its constituents ended with gains.

Titan was the top gainer in the Sensex pack, rising over 4 per cent, followed by UltraTech Cement, Bajaj Finserv, Tech Mahindra, Kotak Bank and HDFC.