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The Indian markets ended Monday’s trading session flat, up 0.3 per cent. The BSE Sensex closed at 18,823, up 61 points (0.3 per cent). The NSE Nifty ended the day at 5,718, up 16 points (0.3 per cent).
“Being the first day of the October series, the markets opened with a gap up; global cues also supported the market throughout the day. The rupee rose to a near five-month high after the Government stuck to its fiscal second-half borrowing programme and also said it may not borrow more via bonds in the current year. The markets trimmed some of its gains due to profit-booking, but remained in the positive terrain throughout the day,” said Alex Mathews, Head Research, Geojit BNP Paribas Financial Services.
On the BSE, the sectoral gainers were IT (up 1.9 per cent), TECk (up 1.5 per cent) and capital goods (up 0.7 per cent). The oil & gas and banking sectors were the only sector indices to witness a decline. The oil & gas sector was down 0.3 per cent, while the banking sector index was down 0.2 per cent.
The top five stocks among the Sensex stocks were Infosys, Tata Motors, Jindal Steel, BHEL and Hindalco. Five stocks which saw the highest decline were Bajaj Auto, Tata Power, HDFC Bank, ONGC and ICICI Bank.
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