Indian shares rose on Monday despite global market cues and IT stock declines. Wholesale prices in India rose 1.81% year-over-year in January, exceeding expectations. Sensex ended up 0.79% and Nifty rose 0.83%. Power Grid Corp shares surged 4.5%, while Bajaj Finance and Maruti Suzuki India fell over 1%. Market breadth was weak with more shares falling than rising. Buying was seen in realty, pharma, financials, and FMCG shares. The BSE mid-cap index surged 0.6%, but the small-cap index dipped 0.2%. Top gainers included Kotak Mahindra Bank, Reliance Industries, and Tata Steel.

Read more at Nasdaq: Indian Shares End Notably Higher After Choppy Start