New Delhi, 04 May (H.S.): Amid trends from assembly election results in five states, the stock market recorded gains on Monday. On the week's first trading day, both major indices closed in positive territory, with Sensex jumping 355 points and Nifty rising 121 points.

At the close of trading, the Bombay Stock Exchange's (BSE) Sensex settled 355.90 points or 0.46 percent higher at 77,269.40. The National Stock Exchange's (NSE) Nifty ended 121.75 points or 0.51 percent up at 24,119.30. Realty, metal, pharma, and auto stocks saw the highest buying, while IT, public sector banks, and media shares witnessed maximum selling. Adani Ports and Hindustan Unilever (HUL) shares gained up to 5 percent.

Amid ongoing West Asia crisis, global market volatility, crude oil price fluctuations, and rising fears of inflation and economic slowdown have pressured the domestic currency. The Indian rupee weakened by 39 paise during trading to a provisional all-time low of 95.23 per dollar.

On the previous week's final trading day, Thursday April 30, BSE Sensex had closed 582.26 points or 0.75 percent lower at 76,913.50. NSE Nifty ended 180.10 points or 0.74 percent down at 23,997.55.

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Hindusthan Samachar / Jun Sarkar