Here are the key highlights from today's trading session:

1. Sensex and Nifty slip nearly 2% from highs to close Monday trade with minor gains

2. HDFC Twins, Reliance & ITC drag market while Infosys, Axis Bank and Bajaj Finance support

3. Sensex falls 557 points from highs to close 83 points higher at 34,371

4. Nifty fails to hold 100-DMA, slips 161 points from highs to end 25 points higher at 10,167

5. Nifty Bank drops 620 points from highs to close 153 points higher at 21,187

6. Midcap Index ends 65 points higher at 14,223; market breadth favours advances

7. IndusInd Bank amongst top Nifty gainers on promoters' plan to buy add shares

8. Most PSU companies end higher; BPCL, GAIL, ONGC, HPCL, IOCL, Oil India top gainers

9. Zee Entertainment, Shree Cement, Eicher Motors, M&M, Bharti Infratel, Cipla top Nifty losers

10. In the aviation space, SpiceJet surges 10% while IndiGo slips 6%

11. Vodafone Idea continues to move higher, doubles in one week

12. Indiabulls gains more than 14% to close at nearly 3-month high

13. AstraZeneca at 52-week high on parent company's plan for a merger with Gilead Sciences

14. Abbott India slips 3% after reporting weak January-March earnings YoY

Jun 8, 2020 3:47 PM

Closing Bell: Sensex, Nifty end off day's high amid volatility; GAIL, IndusInd Bank top gainers

The Indian market ended higher on Monday continuing the streak of gains from last week. However, the market remained extremely volatile during the day, swinging between gains and losses.

At close, Sensex ended 83 points higher to 34,370.58 while Nifty50 ended 25 points higher to 10,167.45.

Nifty Media and Nifty Pharma indices remained a top drag to the Indian market. While, IT and banks continued to trade in the green.

GAIL, IndusInd Bank, BPCL, Axis Bank and ONGC remained the Nifty50 top gainers while Zee Entertainment, Shree Cement, Eicher Motors, M&M and Bharti Infratel were the index top losers.

Jun 8, 2020 3:39 PM

IndusInd Bank promoters to buy more shares, but headroom limited

IndusInd Bank said its promoters intend to buy more shares of the bank from the open market. Get latest Finance online at cnbctv18.com

Jun 8, 2020 3:27 PM

Jun 8, 2020 3:16 PM

Explained: Why is Baring PE Asia delisting Hexaware?

In what has come as a surprise to most investors and market watchers, Hexaware promoters, Baring PE Asia has announced intent to delist Hexaware from the Indian stock exchanges. The company's board will meet on June 12 to discuss the nitty-gritty.

So, what is the rationale of the delisting? People in the know have told CNBC-TV18 that Baring PE Asia wants to eventually sell Hexaware and delisting the company will help them get better value. Read more

Jun 8, 2020 3:00 PM

J Kumar Infraprojects share price gains over 4% post COVID-19 update

J Kumar Infraprojects shares surged on Monday after the company released its COVID-19 update. In its filing to exchanges, it said that majority of the projects have suffered due to the lockdown. Expect sales and profitability for Q4FY20 and Q1FY21 to be adversely impacted. However, March quarter has been seasonally strong in terms of revenue."

It further said that it has sufficient working capital requirements to meet operational requirement. Do not foresee difficulties in meeting loan, interest and other commitments, it added.

The stock gained as much as 4.47 percent to Rs 98 per share on the NSE. At 2:42 pm, the shares traded 0.75 percent higher at Rs 94.50.

Jun 8, 2020 2:45 PM

Jun 8, 2020 2:30 PM

No COVID-19 impact? This agri-chemical stock surged around 50% in last 1 year

Shares of PI Industries have returned nearly 50 percent to investors in the last 1 year despite the weak market sentiment. Most analysts remain positive on the agri-chemical company's prospects with a 'buy' rating on the stock. The stock has largely remained immune from the adverse business impact of the COVID-19 pandemic.

PI Industries stock today hit its 52-week high price of Rs 1,649.45 per share following its March quarter earnings results. It has surged over 69 percent from its 52-week low of Rs 973.70 per share. Click here to read more

Jun 8, 2020 2:25 PM

IL&FS sells 50% stake in GIFT City to Gujarat govt for Rs 33 crore

Debt-laden IL&FS on Monday said it has completed the sale of its 50 percent stake in Gujarat International Finance Tec-City (GIFT City) to the Gujarat government for Rs 32.71 crore. The stake sale will help the group reduce its debt by Rs 1,230 crore. The group's current outstanding debt is around Rs 94,000 crore. IL&FS has duly received Rs 32.71 crore as equity value for shares as a sale consideration, a release said. The stake sale was approved by the National Company Law Tribunal (NCLT) last month. Read more.

Jun 8, 2020 2:13 PM

Jun 8, 2020 1:59 PM

Jun 8, 2020 1:50 PM

Gold investment explained: How are different forms of yellow metal taxed?

Gold purchase is not only considered auspicious in India but it also serves as one of the best investment options. These investments generate good returns and are classified as a capital asset for income tax purposes.

Those who consider gold as an investment option, either purchase gold in physical forms such as coins, bars, jewelry or in paper forms such as gold exchange-traded funds (Gold ETFs), Sovereign gold bonds (SGBs) issued by Reserve Bank of India and Gold Mutual Funds (Gold MFs). Read more

Jun 8, 2020 1:42 PM

European markets open lower as focus remains on pandemic and protests

European stocks opened lower Monday as markets weigh an economic recovery from the coronavirus pandemic and ongoing global protests against racism, reported CNBC International.

The pan-European Stoxx 600 fell 0.8 percent at the start of trading, with household goods shedding 1.6 percent to lead losses while oil and gas stocks bucked the trend to climb 1.5%.

The choppy open expected for European markets marks a divergence from the largely positive trend seen in Asia and the U.S. Stocks in Asia traded mostly higher in Monday, and U.S. stock futures were slightly higher, after U.S. jobs data released Friday showed an unexpected jump, spurring hopes of an economic recovery from the coronavirus pandemic.

Jun 8, 2020 1:30 PM

Jun 8, 2020 1:21 PM

Jun 8, 2020 1:03 PM

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