Industrials stocks were trading with gains, with the S&P BSE Industrials index increasing 24.19 points or 0.58% at 4181.25 at 09:48 IST. Among the components of the S&P BSE Industrials index, HEG Ltd (up 8.52%), Somany Home Innovation Ltd (up 4.99%),Mahindra CIE Automotive Ltd (up 4.76%),Graphite India Ltd (up 4.34%),Alankit Ltd (up 3.89%), were the top gainers. Among the other gainers were NCC Ltd (up 3.86%), Container Corporation Of India Ltd (up 3.64%), Surya Roshni Ltd (up 3.46%), Greaves Cotton Ltd (up 3.09%), and Adani Ports & Special Economic Zone Ltd (up 3.06%). On the other hand, Shakti Pumps (India) Ltd (down 4.79%), Suzlon Energy Ltd (down 4.65%), and Snowman Logistics Ltd (down 2.66%) turned lower.
Read more about Sensex tanks 470 pts; Nifty ends below 14,300 on Business Standard. As per provisional closing data, the barometer index, the S&P BSE Sensex, dropped 470.40 points or 0.96% to 48,564.67. The Nifty 50 index lost 152.40 points or 1.06% at 14,281.70.
Benchmark indices ended with steep losses on Monday, extending fall for the second straight session. All the sectoral indices on NSE ended in red. Metal shares corrected sharply. Rising coronavirus cases across US, Europe and China weighed on investors sentiment.
The barometer index, the S&P BSE Sensex, dropped 470.40 points or 0.96% to 48,564.27. The Nifty 50 index lost 152.40 points or 1.06% at 14,281.30.
Reliance Industries (up 2.37%), HDFC Bank (up 1.15%) and ITC (up 0.76%) supported the indices. Axis Bank (down 2.79%), Infosys (down 2.49%), HDFC (down 2.49%) and ICICI Bank (down 1.94%) dragged.
In the broader market, the BSE Mid-Cap index fell 2.01% and the BSE Small-Cap index lost 1.89%. Both the indices underperformed the benchmark indices.
Read more about Shakti Pumps (India) reports consolidated net profit of Rs 26.53 crore in the December 2020 quarter on Business Standard. Sales rise 239.47% to Rs 316.66 crore
Read more about Shakti Pumps hits the roof after turnaround Q3 numbers on Business Standard. Shakti Pumps (India) hit an upper circuit of 5% at Rs 376.95 after the company reported a consolidated net profit of Rs 26.53 crore in Q3 FY21 compared with net loss of Rs 8.69 crore in Q3 FY20.