Sensex up 100 points; Nifty tests 7800; Amtek Auto jumps 20%, JP Power up 5%

Sensex: 25719.62, up 110 points; Nifty: 7822.10, up 32 points

The S&P BSE Sensex gains as much as 100 points in trade on Monday, led by gains in Axis Bank, Sun Pharma, HDFC Bank and SBI.

Just Dial gained over 12 per cent while L&T Finance Holding added 5 per cent. Amtek Auto rallied 18 per cent while Kesoram Inds surged over 7 per cent.

Amtek Auto plans to raise about Rs 6,500 crore by selling assets. The proceeds will go towards reducing the company’s debt of about Rs 15,000 crore, said media reports.

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Posted in: Indian Market Tips