Key benchmark indices – Sensex, Nifty – opened higher for the sixth consecutive day with the Sensex rising 269pts to 38293.48 whereas the Nifty keep up 79pts at 11506-levels at 10.10 am, on Monday. Asian stocks also advanced ahead of Federal Reserve of US that meet starting tomorrow.

On the Nifty, the shares of IOC, HPCL, Axis Bank and Kotak Bank, were top gainers while, Maruti Suzuki, Grasim, Hero MotoCorp and Vedanta were top losers in the index.

Except pharma stocks and IT stocks, all sectoral spaces have opened in green with O&G stocks and bank stocks leading the pack of gainers.

Among the buzzing stocks with the company’s developments. shares of Grasim stock fell 2% after the company has received Rs5872.13Crore tax demand from the IT deptt in connection with its merger with Aditya Birla Nuvo & Aditya Birla Financial Services.