Sensex trades higher, Nifty holds above 9,300 as Macron wins in France

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The S&P BSE Midcap and the S&P BSE Smallcap outperformed to gain 0.6% and 0.5%, respectively In a volatile trade, the benchmark indices were trasing higher on Monday tracking positive global cues after French centrist candidate Emmanuel Macron comfortably won the closely watched French presidential election, defeating his far-rightist opponent Marine Le Pen.

the S&P BSE Sensex was trading at 29,950, up 92 points, while the broader Nifty50 was ruling at 9,321, up 36 points. 

In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap outperformed to gain 0.6% and 0.5%, respectively.  

Meanwhile, on Friday, foreign institutional investors sold equities worth Rs 364 crore, while domestic institutional investors bought equities worth Rs 298 crore.