Markets witnessed a volatile trading trend, with the Nifty posting a smart managing to close at 10,628 levels up by 102 points, while the Sensex closed at 35,354 levels up by 373 points, on Monday. The rise in the Nifty was led by sustained buying, particularly in FMCG space which was the best performing sectoral index ending the day 2.36 percent higher. 

All Nifty sectoral indices gained excluding the Metal and Pharma indices which are down by over 1.32 percent each Hero MotoCorp, Wipro, Hindustan Unilever, Axis Bank and Asian Paints were among the top gainers on the Nifty, whereas ONGC, Sun Pharma, Yes Bank, Vedanta and Coal India among major losers. 

Shares in Godrej Properties ended 4.16 percent higher after reports that Godrej Fund Management and Godrej Properties entered into a JV agreement with Hero Cycles to develop a prime office development on Gurugram.