Indin equity indices reversed course to end lower in the final hour of trade on Monday, tracking global cues, with the Indian rupee hitting a record low and crude prices on the climb.
NSE
The BSE Sensex ended at 38,312, sharply dipping by 332 points, or by 0.86 percent, while the NSE Nifty 50 settled lower by 98 points, or 0.84 percent, to end at 11,582. FMCG (Fast moving consumer goods) and bank shares exerted maximum pressure on indexes, while pharma and metal stocks supported. Midcaps also ended in the red.
Here's a list of stocks that trended among the most in the markets today:
HUL: Shares ended at Rs 1,699.05, losing Rs 81.55 in value or by 4.58 percent, after opening at Rs 1,781. The stock touched a high and a low of Rs 1,786 and 1,695, respectively. The FMCG scrip saw its biggest one-day percentage fall since January 19, 2015.
Nandan Denim: Shares settled at Rs 81.25, jumping by 10.02 percent. The stock was traded in a range of Rs 82.75 and 73.55. The company on Monday got approval from the Gujarat government for a refund of GST/VAT for 8 years under the state's textile policy.
ITC: This FMCG major's stock quoted at Rs 312.75, down by 2.01 percent, at the close. Along with HUL, it contributed nearly 33 points to Nifty's decline today. Intraday, it traded in a range between Rs 322.70 and Rs 310.80, after starting at Rs 32.35.
Union Bank of India: Shares closed at Rs 90.15, up 0.45 percent. It touched an intraday high of Rs 93.20, after opening at Rs 90.70, post reports of capital raising plans.
Infosys: The IT firm's shares quoted at Rs 1,433.45 in the end, lower by 0.45 percent. It rose as much as 1.86 percent to record high of Rs 1,467.9.
Hotel Leelaventure: Shares rose 7.03 percent to quote at Rs 17.50 in the end. It soared as much as 12.8 percent to Rs 18.50, its highest since June 21 in intraday trade after reports of stake acquisition by Canada's Brookfield Asset Management.
Balkrishna Industries: The largecap stock closed at Rs 1,236.45, dipping 7.38 percent, losing Rs 100.65 in value, after the tyre company's board approves capital expenditure (capex) plan of up to $100 million for setting up a Greenfield tyre plant in the US. This plan is in addition to the current capex underway for a Carbon Black Plant.
MT Educare: The microcap shares trended after the company said it has entered into share purchase agreement for 100 percent acquisition of Labh Ventures India, for a cost of Rs 16.3 crore. Shares have touched a high of Rs 61.60 in intra-day trade after opening at Rs 54.10. At close, it quoted at Rs 57, rising by 2.89 percent.
Wipro: Shares ended higher by 2.49 percent at Rs 309.15. The stock touched an intraday high of Rs 328.00 and an intraday low of Rs 317.30 after a mega deal worth USD 1.5 billion with Alight.
Bajaj Finance: Shares were down 4.78 percent to Rs 2,720.10, losing Rs 136.50 in value, at the close.