Summary
Indian equity benchmarks ended the trading session in positive territory on Monday, with the Nifty 50 advancing 1.11% and the BSE Sensex 30 rising 1.26%. The session was driven by strength in Auto, Banking and IT segments, where several large-cap names posted solid gains. Despite the headline rise, the broader market saw more declines than gains and at least one major IT stock slipped to a 52-week low.
Market close
At the close on the National Stock Exchange, the Nifty 50 was up 1.11%. On the Bombay Stock Exchange, the Sensex added 1.26% by the end of trading.
Notable advancers on the Nifty 50
- UltraTech Cement Ltd (NSE:ULTC) rose 4.46% or 474.00 points to finish at 11,090.00.
- Grasim Industries Ltd (NSE:GRAS) gained 3.34% or 85.90 points to close at 2,654.50.
- Mahindra & Mahindra Ltd. (NSE:MAHM) advanced 3.34% or 97.90 points to end the session at 3,029.00.
Laggers on the Nifty 50
- Bharat Electronics Ltd (NSE:BAJE) declined 2.29% or 10.05 points to 429.35 at the close.
- Wipro Ltd (NSE:WIPR) fell 1.82% or 3.59 points to settle at 193.99.
- Coal India Ltd (NSE:COAL) slipped 1.71% or 8.00 points to end at 459.00.
BSE Sensex movers
- UltraTech Cement Ltd (BO:ULTC) rose 4.22% to 11,054.75.
- Eternal Ltd (BO:ETEA) increased 2.99% to close at 222.45.
- HDFC Bank Ltd (BO:HDBK) added 2.69% to finish at 839.00.
Top decliners on the BSE
- Sun Pharmaceutical Industries Ltd. (BO:SUN) was down 1.25% to 1,778.00.
- Power Grid Corporation of India Ltd (BO:PGRD) lost 0.98% to 297.75.
- NTPC Ltd (BO:NTPC) fell 0.82% to 381.30.
Breadth and volatility
Advancers were outnumbered by decliners on both major exchanges. On the National Stock Exchange, 1,803 stocks fell while 759 advanced and 34 ended unchanged. On the Bombay Stock Exchange, 2,727 stocks declined, 1,385 advanced and 159 were unchanged. Shares of Wipro Ltd (NSE:WIPR) fell to a 52-week low, trading down 1.82% or 3.59 to 193.99.
The India VIX, which tracks the implied volatility of Nifty 50 options, eased 4.45% to 21.64 by the close.
Commodities and currencies
In commodities, Gold Futures for April delivery was down 1.39% or 70.34 to $4,991.36 a troy ounce. Crude oil for May delivery fell 0.51% or 0.49 to $96.35 a barrel, while the May Brent oil contract inched higher by 0.23% or 0.24 to trade at $103.38 a barrel.
On the currency front, USD/INR was up 0.02% at 92.52 and EUR/INR rose 0.32% to 105.98. The US Dollar Index Futures declined 0.31% to 99.79.
Conclusion
Monday's session closed with benchmark indices higher, supported by select large-cap gains across Auto, Banking and IT names, while overall market breadth remained skewed toward decliners. Volatility, as measured by the India VIX, moved lower, and key commodity and currency metrics posted mixed results.