Shares of Bharat Electronics, UltraTech Cement, Grasim Industries, Eicher Motors, and Wipro were the top gainers in the Nifty 50 pack on Monday’s intraday trading session, while Coal India, Reliance Industries, IndusInd Bank, Bajaj Finserv, and Bajaj Auto traded as major laggards.
The benchmark indices showed volatility due to global and domestic cues, with analysts predicting a shallow rally. The Sensex traded flat at 73,218.35 after dropping below the ₹73,000 mark, and the Nifty 50 traded at 22,149.55 as of 12.50 pm. In terms of sectors, IT, metal, and auto indices demonstrated resilience, while media, oil & gas, and bank indices dragged down the market.
Among the top gainers, Bharat Electronics (BEL) led with a gain of 3.63% to ₹255.2. UltraTech Cement rebounded 3.11% to trade at ₹10,439, Grasim Industries rose by 3% to ₹2,375.9, Eicher Motors increased by 2.93% to ₹4,913.6, and Wipro saw a 2.68% rise to ₹285.1.
On the flip side, Coal India experienced a decline of 3.02% to ₹358.2. Reliance Industries followed with a 2.81% loss at ₹1,166.4 after hitting a 52-week low. IndusInd Bank fell by 1.85% to ₹971.75, while Bajaj Finserv and Bajaj Auto dropped by 1.80% and 1.77% to ₹1,838.65 and ₹7,762.7, respectively.
Out of the 2,909 stocks traded, only 644 advanced while 2,192 declined on the National Stock Exchange. Nearly 937 stocks hit a 52-week low, including Hatsun, Wendt (India), Clean Science, and Reliance Industries.
In the Sensex pack, Coffee Day Enterprises and Authum Investment shares surged by 19% and 11%, respectively. However, Welspun Corp, Angel One, Suven Pharma, Jubilant Ingrevia, and Venus Pipes depreciated by 7%.
Overall, the market showed mixed trends with some stocks gaining and others facing losses amid the volatile trading session.
Published on March 3, 2025.
