Nifty 50: Domestic stock markets returned to gains in early trade on Monday. Indian equity markets snapped a five-day losing streak and closed on a strong note on October 28, with the Nifty inching close to the 24,500 mark during the day amid buying in various sectors, especially banking and tech stocks. At the close of trading, the Sensex rose 602.75 points or 0.76 percent to 80,005.04 and the Nifty rose 158.35 points or 0.65 percent to 24,339.15.

The BSE Sensex rose 462.45 points to 79,864.74 in early trade, while the NSE Nifty was up 112.1 points at 24,292.90. Indian stock markets continued their morning gains in afternoon trade on Monday, with the BSE Sensex crossing the 80,000 mark and the NSE Nifty climbing above 24,450 points due to strong performance in banking and financial stocks.

Top Gainers: Today's top rising and falling stocks

Shriram Finance, Adani Enterprises, ICICI Bank, Eicher Motors, and Adani Ports were the top gainers in the Nifty, while Coal India, Bajaj Auto, Axis Bank, Kotak Mahindra Bank, and Bharat Electronics declined.

Today almost all the indexes closed in the green. The highest growth was seen in PSU Bank, Pharma, FMCG, Realty, Auto, IT and Media index.

Along with largecaps, buying was also seen in midcaps and smallcaps. The Nifty Midcap 100 index was up 458 points or 0.83 percent at 55,736 and the Nifty Smallcap 100 index was up 214 points or 1.20 percent at 18,062.

Why did the stock market see a rise today?

Market experts say that buying is being seen in good quality stocks and stocks that have shown better results. In such a market, investors should invest only in stocks with the right valuation.

He further said that the global market is bullish as Israel has not attacked Iranian oil fields. However, investors are being cautious due to uncertainty in the US markets.

Global Market Index: Status of Global Market

In Asian markets, South Korea's Kospi, China's Shanghai Composite, and Japan's Nikkei 225 were in profit while Hong Kong's Hang Seng was in loss. US markets closed with a mixed trend on Friday.

Fall in crude oil

International benchmark Brent crude fell 4.38 percent to trade at USD 72.72 per barrel.

FII and DII data

According to stock market data, foreign institutional investors (FIIs) were net sellers on Friday and sold shares worth Rs 3,036.75 crore. Domestic institutional investors (DIIs) bought shares worth Rs 4,159.29 crore.

The rupee gains 1 paisa in early trade to 84.07 against the dollar

The rupee on Monday rose by one paisa to 84.07 per dollar in early trade amid heavy foreign capital outflows. The rupee opened at 84.08 at the interbank foreign exchange market and rose by one paisa to 84.07 per dollar after initial deals. The rupee closed at 84.08 against the US dollar on Friday. Meanwhile, the dollar index, which shows the position of the US dollar against six major currencies, fell 0.28 percent to 104.54. International standard Brent crude fell 4.39 percent to $ 72.71 per barrel. According to stock market data, foreign institutional investors (FIIs) were sellers on Friday and sold shares worth Rs 3,036.75 crore net.