Stock market benchmark indices Sensex and Nifty rallied on Monday, in-line with firm global market trends and a sharp jump in Kotak Mahindra Bank shares.
At 10:55 hours, the 30-share benchmark index ended at 76898.1 up by 278.77 points or by 0.36 % and then NSE Nifty was at 23255.7 up by 52.5 points or by 0.23 %.
Sensex touched intraday high of 77017.54 and intraday low of 76584.84 The NSE Nifty touched intraday high of 23308.35 and intraday low of 23170.65
The top gainers of the BSE Sensex pack were Kotak Mahindra Bank Ltd. (Rs. 1917.00,+9.00%), Bajaj Finance Ltd. (Rs. 7357.85,+2.47%), NTPC Ltd. (Rs. 333.60,+2.21%), Power Grid Corporation of India Ltd. (Rs. 307.15,+1.52%), State Bank of India (Rs. 775.60,+1.51%), among others.
The top losers of the BSE Sensex pack were Axis Bank Ltd. (Rs. 977.55,-1.38%), Tata Consultancy Services Ltd. (Rs. 4083.15,-1.03%), Maruti Suzuki India Ltd. (Rs. 12015.00,-0.81%), Mahindra & Mahindra Ltd. (Rs. 2897.10,-0.71%), Tata Motors Ltd. (Rs. 774.15,-0.67%), among others.
Bankex index was at 55685.45 up by 766.3 points or by 1.4%. Kotak Mahindra Bank Ltd. (Rs. 1917.00,+9.00%), YES Bank Ltd. (Rs. 18.70,+2.41%), Canara Bank (Rs. 99.35,+1.53%), State Bank of India (Rs. 775.60,+1.51%), Bank of Baroda (Rs. 230.75,+1.21%),.
Auto index was at 51163.83 down by -334.82 points or by -0.65%. UNO Minda Ltd. (Rs. 1043.60,-3.58%), Balkrishna Industries Ltd. (Rs. 2672.60,-1.18%), TVS Motor Company Ltd. (Rs. 2275.35,-1.09%), Maruti Suzuki India Ltd. (Rs. 12015.00,-0.81%), MRF Ltd. (Rs. 112950.00,-0.80%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4037 , shares advanced were 2133 while 1685 shares declined and 219 were unchanged.