Sensex gains 50 points, Nifty at 7,436
The benchmark Sensex on Monday gained 50.29 points to settle at 24,485.95 points. Meanwhile, the broader Nifty inched ahead by 13.70 points to close at 7,436.15 points. Investor sentiments remained positive amid Moody’s report which suggested the greatest challenge facing the Indian economy is exposure to external shocks, such as interest rate hike by the US and the Chinese slowdown.