Indian equity market ended higher on Monday, after scaling fresh peaks during the day.
NSE
The Sensex closed at 37, 691.89, up by 0.36 percent, or higher by 136 points, while the Nifty settled at 11, 387, up by 0.23 percent, or rising by 26.30 points.
Axis Bank, ICICI Bank and the State Bank of India (SBI) contributed to over 300 points to the Nifty gains.
Banks, metal, consumer durables, energy, telecom stocks supported the rally, while pharma and IT stocks pulled indexes lower.
Here's a list of top stocks that trended in markets today:
IndiGo: Shares of InterGlobe Aviation, owner and operator of IndiGo airlines, closed at Rs 1,064.15, advancing by Rs 67.55 in value or by 6.78 percent on the BSE. It traded in a range of Rs 1073 and Rs 984.50, after opening at Rs 998.
Shipping Corp. of India: Shares of Shipping Corp of India fell five percent to Rs 61.2, lowest since July 24, after June quarter loss almost doubled from a year earlier. The stock ended at Rs 60.40, down Rs 4.10 in value, or 6.36 percent. The stock has so far shed nearly 32 percent in value.
IOL Chemicals & Pharmaceuticals: Shares of IOL Chemicals & Pharmaceuticals has witnessed a rise of 31 percent in the last 20 trading sessions. At close, it was trading at Rs 116.35, rising by nearly five percent or adding Rs 5.50. Intraday, it ranged between a high and a low of Rs 116.35 and Rs 111 on the BSE.
PI Industries: Shares of PI Industries fell over seven percent to Rs 767.70 as the company posted an 18.4 percent on-year fall in net profit for April-June to Rs 81.7 crore. It closed lower by 8.17 percent today on the BSE, trading at Rs 760.25 or losing Rs 67.60 in value. It touched an intra-day low of Rs 750 and a high of Rs 822.
Suzlon Energy: Shares ended lower by 7.22 percent at Rs 7.32 on the BSE after reports that the renewable energy firm has withdrawn its operating margin and revenue guidance for 2018-19 (April-March) due to glitches in the bidding process and longer execution time. The company on Saturday posted a consolidated net loss of Rs 573 crore in April-June, against a net profit of Rs 49.08 crore a year ago.
Mercator: Shares of Mercator rose 3 percent to a one-month high of Rs 22.90 after the company said it had won a Rs 26. 39 crore maintenance dredging contract for the Goa naval area. It ended trading at Rs 22.35, rising by 0.68 percent, or 0.15 paise on the BSE.
Axis Bank: Shares settled at Rs 596.50, adding Rs 22.15 to the stock value, up by 3.86 percent. The bank stock was the top index gainer along with ICICI Bank and SBI.
Bharti Airtel: The telco’s shares jumped over three percent on the BSE to close at Rs 386.20, gaining Rs 11.50 after reporting that it has entered partnership with Telecom Egypt for global submarine cable systems.
Tata Motors: Shares of the home grown automobile firm ended 1.57 percent lower at Rs 254.70 on the BSE after data showed a 19 percent decline in JLR sales in the UK.
IDFC: Shares of IDFC ended at Rs 50.05, or jumping by 6.38 percent on the BSE today. Earlier, it rose over nine percent even after the firm issued a clarification to exchanges with respect to reports of sale of its broking and mutual fund business. The stock touched an intraday high of Rs 51.35 and an intraday low of Rs 48.10.
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First Published:Aug 6, 2018 4:57 PM IST