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Indices were trading higher on Monday, with the Nifty near 10,600 mark. Today’s gains were led by HDFC twins, Maruti, Kotak Mahindra Bank, ICICI Bank, L&T and Maruti.Benchmark indices extended gains aided by positive cues from other Asian equity markets. All sectoral indices on the NSE, barring Nifty Pharma and Nifty IT index, gained reflecting positive sentiment among investors.
Shares of Tata Motors were up 2.8%, the top performer on the Nifty 50 index
the BSE Sensex was trading at 34,473, up 331 points, while the Nifty50 index was trading at 10,587, up 96 points.
The gains were broad-based as the BSE Midcap Index gained 0.78% and the BSE Smallcap Index climbed 0.89%.
A2Z Infra Engineering gained 3% as the company has entered into one-time settlement with Standard Chartered Bank.
Strides Shasun gained 2% on BSE after the company announced that it will launch Ranitidine Tablets USP, 150 mg (OTC) in the US markets.
Pidilite Industries stock 1% after the board of directors announced share buyback offer of 50 lakh equity shares at Rs1,000 each amounting to Rs500 cr.
Volatility index India VIX slipped 3.90% to 13.6475.
Tata Motors (+3%), Axis Bank (+3%), IndusInd Bank (+3%), IOC (+2.7%) and Maruti (+2.5%) were the top gainers on Nifty50.
Sun Pharma (-1.9%), Wipro (-1.4%), Infosys (-1.2%), TCS (-1.1%) and Cipla (-0.79%) were the top losers in today’s trade.
Out of 2,034 stocks traded on the NSE, 1,112 advanced, 601 declined and 321 remained unchanged today.
A total of 21 stocks registered a fresh 52-week high in trade today, while 15 stocks touched a new 52-week low.
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