The broader markets outperformed benchmarks as the Nifty Midcap ended at record closing high, up around a percent. Market breadth was also in favour of advances as two shares gained for every share falling on the NSE.
NSE Nifty managed to close at 8801.05 levels, up by 60.1 points, while BSE Sensex closed at 28439.28 levels, up by 198.76 points. Nifty & Sensex closed at 5 months’ closing highs.
Whirlpool, Titan and PC Jewellers Limited were the top gainers in the BSE Consumer Durables index, closing up by more than 2% each.
BSE FMCG index outperformed its sectoral peers.
Sugar stocks gained, with Renuka Sugar, KCP Sugar Industries and Dhampur Sugar all closing up by more than 10% each.
BSE Realty index was the top performer by gaining more than 1.7%. HDIL, Godrej properties, Prestige and Unitech were top realty gainers on Monday, gaining more than 2.5% each.
Biocon has hit its all-time high of Rs 1084.75.
IndusInd Bank too has hit a record high of Rs 1335.95.
Future Retail, Aarti Industries, ICICI Prudential Life and Andhra Sugars were some of the stocks which hit a new high on Monday.
IGL hit a fresh high of Rs 515 in Monday’s trading session.
Shares of Jubilant FoodWorks jumped 12.30% as the company posted total income up by 3.9% in its Q3 results.
HDFC Bank, IOC, MTNL, Natco Pharma, Sun TV, Godrej Properties, Indian Bank and ICICI Bank have hit their new 52-week high in today’s trading session.
Bajaj Financial Services Ltd., was the top gainer in the bunch of mid-cap stocks. The stock gained more than 8% on an intraday basis.
Aegis Logistics Ltd. closed higher by 19.6% at Rs 178.80 per share.
The rupee was trading at 67.21 per US dollar.
Top 5 Nifty Gainers: Ambuja Cement (4.25%), ACC (4.21%), Sun Pharma (4.12%), ICICI Bank (3.11%), and Auro Pharma (3.05%).
Top 5 Nifty Losers: Dr. Reddys Lab (-1.73%), Cipla (-1.31%), Hindalco Industries (-1.15%), Tata Motors (-1.09%) and ONGC (-1.05%)
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