Business

Axis Bank, TCS, Asian Paints, and ITC are among the top gainers and losers as the market ends lower

Benchmark indices Sensex and Nifty ended lower on Monday amid a weaker trend in global markets. The Sensex closed down 200.18 points at 57,991.11. During the day, it fell 825.61 points or 1.41 percent to 57,365.68. The Nifty closed down 73.65 points, or 0.43 percent, at 17,241. Foreign institutional investors on Friday netted Rs. 2,250.77 crores worth of shares sold, according to information available on BSE.

IT shares were the top sectoral gainers with their BSE index zooming 255 points to 28,444. The top losers were consumer durables and capital goods stocks with their indices falling 618 pts and 315 pts, respectively.

Here’s a look at the top gainers and losers on Sensex today.

GAINERS

Axis Bank: The stock ended 2.76 percent higher at Rs 776.75 against the previous close of Rs 755.90 on BSE. It hit an intraday high of Rs 778.8 up 3.03 percent. The market cap of the bank rose to Rs 4.31 lakh crore.

TCS: The IT stock ended 1.84 percent higher at Rs 3121.40 against the previous close of Rs 3065 on BSE. It hit an intraday high of Rs 3129.9. The market cap of the firm rose to Rs 11.42 lakh crore.

Maruti: The stock ended 0.94 percent higher at Rs 8865.55 against the previous close of Rs 8782.95 on BSE. It hit an intraday high of Rs 8877. The market cap of the firm rose to Rs 2.67 lakh crore

Wipro: The stock ended 0.77 percent higher at Rs 411.25 against the previous close of Rs 408.10 on BSE. It hit an intraday high of Rs 413.40. The market cap of the firm rose to Rs 2.25 .lakh crore.

Infosys: The stock ended 0.75 percent higher at Rs 1462.70 against the previous close of Rs 1451.75 on BSE. It hit an intraday high of Rs 1465. The market cap of the IT firm rose to Rs 6.15 lakh crore.

LOSERS

Asian Paints: The stock of the paint maker closed 1.99 percent lower at Rs 3,278 against the previous close of Rs 3344.75 on BSE. The stock hit an intraday low of Rs 3,260, falling 2.53 percent on BSE today.  The market cap of the firm fell to Rs 3.14 lakh crore.

ITC: ITC stock ended 1.80 percent lower at Rs 327.95. The stock hit an intraday low of Rs 3,26, falling 2.34 percent on BSE today. The market cap of the firm fell to Rs 4.06 lakh crore.

Titan: The stock of the luxury goods firm ended 1.86 percent lower at Rs 2,679.60. It hit an intraday low of Rs 2,56.75, falling 2.34 percent on BSE today. The market cap of the firm declined to Rs 2.37  lakh crore.

Reliance Industries: The large-cap stock ended 1.13   percent lower at Rs 2,405. It hit an intraday low of Rs 2,388 on BSE today.  The market cap of the firm fell to Rs 16.27 lakh crore.

HDFC Bank: The stock ended 1.06 percent lower at Rs 1415.50 against the previous close of Rs 1,430.70 on BSE. It hit an intraday low of Rs 1398.35. The market cap of the bank declined to Rs 7.88 lakh crore.

Previous session

Indian market ended lower on Friday in highly volatile trade amid weak global cues. Sensex lost 30.81 points to end at 58,191 and Nifty fell 17 points to 17,314. Consumer durables shares were the top sectoral gainers with their BSE index zooming 901 points to 43,263. Top losers were IT, metal, and oil and gas stocks with their indices falling 160 pts, 119 pts, and 146 pts, respectively.

Global markets

Elsewhere in Asia, markets in Shanghai and Hong Kong ended in negative territory. Stock exchanges in Europe were also trading mostly lower in mid-session deals. The US markets had ended deep in the red on Friday. Meanwhile, the international oil benchmark Brent crude futures declined 0.80 percent to $97.14 per barrel.


    

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