Domestic equity indices traded rangebound for much of Monday before settling in the red, as weak global cues and currency volatility weighed in on investor sentiment. The BSE Sensex shut shop 60.73 points, or 0.17 per cent, down at 34,950, while NSEs Nifty slipped 24.80 points, or 0.24 per cent, to 10,528.
Here are top sectors and stocks that kept buzzing all through Monday:
SBI surprised Street
State Bank of India reported better-than-expected financial results for the quarter ended September 30, 2018. The lender reported 40.51 per cent year-on-year fall in net profit at Rs 944.87 crore against Rs 1,581.55 crore net profit reported for the corresponding quarter last year. Analysts in an ETNow poll had projected the PSU lender to report Rs 704 crore loss. Shares of the bank closed 3.45 per cent higher at Rs 295.30.
Who moved my Sensex
As many as 17 stocks fell in the Sensex pack. Among them were HDFC, ICICI Bank, IndusInd Bank, ITC and TCS, which took off 45 points, 29 points, 26 points, 23 points and 21 points, respectively from the equity benchmark. On the other hand, Reliance, SBI and Axis Bank together added nearly 110 points.
Adani Gas makes debut
Adani Gas, a demerged entity of Adani Enterprises, listed on the bourses on Monday. Before settling at Rs 73.70, the scrip hit the upper circuit of 5 per cent on BSE.
52-week high/low
Blue Chip India, Kilitch Drugs, Technocraft Industries, Tijaria Polypipes, Universal Cables and Usha Martin scaled fresh 52-week highs of NSE. On the other hand, as many as 42 stocks hit their 52-week lows. They included Gitanjali Gems, KSS, Kirloskar Brothers, Rallis India, SRS, Pincon Spirit and Navkar Corporation.
Global market updates
Asian markets ended mostly lower as hope of an imminent US-China trade deal faded and investors looked ahead to the outcome of US mid-term elections as well as the FOMC meeting for directional cues. Hang Seng, Nikkei and Shangahi Composite dipped up to 2.13 per cent.
Stocks that surged up to 20%
Shares of TCPL Packaging rallied 20 per cent. It was followed by Trigyn Tech (up 20 per cent), ADF Foods (up 19.99 per cent), UCO Bank (up 14 per cent), Jayant Agro Org (up 13.74 per cent), LT Foods (up 14 per cent), Kohinoor Foods (up 12 per cent) and Usha Martin (up 9.74 per cent).
Stocks that plunged up to 20%
Shares of Som Distilleries (down 16 per cent), ATN Intnl (down 14.29 per cent), Venkys (down 14 per cent), Kirloskar Brothers (down 8 per cent) and Gammon Infra (down 8.33 per cent) were among the top losers on NSE.
30 stocks bullish on BSE
Momentum indicator moving average convergence divergence or MACD showed bullish crossovers on 30 counters on BSE. Among the stocks were Kwality, Infosy, Aster DM Healthcare, Tube Investments, SH Kelkar, Laurus Labs and Brigade Enterprises.
Most active stocks
Axis Bank, State Bank of India, PC Jeweller, Reliance Industries, ICICI Bank, Indiabulls Housing and Cipla emerged as top five most traded stocks in terms of value on NSE while PC Jeweller, RCom, State Bank of India and JP Associates were top five most active stocks in terms of volume.
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ET Markets
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