Taking Stock: Bulls return to D-Street, but stay cautious; Sensex back above 38000

After falling by over 1 percent last week on Friday, bulls bounced back on D-Street on Monday pushing the S&P BSE Sensex beyond 38000 while the Nifty50 also reclaimed 11200 levels on closing basis.

Let’s look at the final tally on D-Street – the S&P BSE Sensex rose 173 points to 38,050 while the Nifty50 closed with gains of 68 points at 11,247.