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The S&P BSE Sensex started on a cautious note in morning trade on Monday, led by gains in Bajaj Auto, ICICI Bank, HDFC Bank, RIL, and Dr Reddy's Laboratories. The Nifty50 managed to recoup its early morning losses, but was still trading above its crucial psychological level of 7850, supported by gains in realty, power, oil & gas, banks, pharma, and auto stocks. Shares of Vedanta, GAIL slipped up to 2 per cent in trade while those of Adani Ports, Asian Paints and SpiceJet gained up to 3 per cent.
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