Analysts see good chances of the index moving towards the 17,300-17,400 range. Key support for the NSE barometer now stands at 17,050, they said.

Nifty50 formed a bullish candle and continued to make higher highs and lows since the last four trading sessions.

The largest cryptocurrency rose as high as $50,363 on Monday, having briefly surpassed $50,000 on Aug. 23 as well -- a level it hadn’t hit since mid-May.

The Nifty Pharma index closed 0.97 per cent up at 14458.5.

Select midcap and smallcap stocks stole the complete spotlight during the session. TD Power System, Zen Technologies, Vodafone Idea, Kitex Garments, Tinplate were among the stocks which posted double digit gains. Bank of India was the only big name, losing more than 5 per cent.

Airtel was battered by the competitive heat that Reliance Jio had brought to India’s telecom space in 2016. Somewhere around the December quarter of 2019, Bharti Airtel set on a path to turn the tables on Reliance Jio. The company has not looked back since.

"At the same time, on the offline side, we are making the retail experience richer. In the future, the stores will not just be a sales medium; they are actually going to be experience mediums where the brand emergence happens. So we are investing a lot to make our store experience richer, more digital, more omni."

“ It’s a stock pickers’ market, blindly buying into momentum sectors may not work now.”

The Nifty Realty index closed 1.25 per cent up at 413.45.

These bonds were listed on the global securities market platform of India International Exchange (India INX) and debt securities market platform of NSE International Exchange (NSE IFSC).