INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Axis Bank, State Bank of India, ICICI Bank, Bharti Airtel, UPL and Hindalco Industries emerged as the top gainers in the Nifty
index on Monday.
On the other hand, GAIL (India), Kotak Mahindra Bank, Tata Motors, Titan Company, Hindustan Unilever and Dr
Reddy's Laboratories finished the day as the top losers among the Nifty scrips.
Domestic equity market logged gains on Monday, extending the
rally to the second consecutive session, owing to healthy buying in select bank, auto, metal and energy stocks, amid mixed global cues
Both key indices, Nifty and Sensex, closed the day at fresh record peaks of 37,692 and 11,387, respectively.
The 30-share Sensex climbed
136 points or 0.36 per cent, settling with 14 gainers, whereas Nifty finished 26 points, or 0.23 per cent, up with 22 stocks in the
green.
Nifty PSU Bank index, jumping 2.61 per cent, emerged as the top gainer among the sectoral indices, with State Bank of India, Indian
Bank, Allahabad Bank and Punjab National Bank clocking decent gains.
However, Nifty Pharma declined nearly 1 per cent owing to poor show by
Reddy's Laboratories, Biocon, Divi's Laboratories, Sun Pharma, Lupin and Cipla.
As many as 47 stocks hit 52-week highs, compared with 34
stocks that touched 52-week lows on NSE today.
