Equity benchmark indices Sensex and Nifty dropped in early trade on Monday, but buying in the blue-chip stocks ICICI Bank and HDFC Bank helped the markets recover all the early lost ground.
At 10:45 hours, the 30-share benchmark index was trading at 82058.16 up by 300.43 points or by 0.37 % and then NSE Nifty was at 25051.6 up by 83.2 points or by 0.33 %.
Sensex touched intraday high of 82153.61 and intraday low of 81518.66 The NSE Nifty touched intraday high of 25071.05 and intraday low of 24882.3
The top gainers of the BSE Sensex pack were ICICI Bank Ltd. (Rs. 1463.65,+2.60%), Eternal Ltd. (Rs. 262.30,+1.92%), HDFC Bank Ltd. (Rs. 1991.90,+1.76%), UltraTech Cement Ltd. (Rs. 12642.90,+1.16%), Bajaj Finserv Ltd. (Rs. 2046.70,+0.85%), among others.
The top losers of the BSE Sensex pack were IndusInd Bank Ltd. (Rs. 842.00,-3.24%), Reliance Industries Ltd. (Rs. 1443.30,-2.27%), HCL Technologies Ltd. (Rs. 1533.25,-1.02%), Tata Consultancy Services Ltd. (Rs. 3167.80,-0.69%), Axis Bank Ltd. (Rs. 1093.10,-0.55%), among others.
Bankex index was at 63274.18 up by 532.53 points or by 0.85%. ICICI Bank Ltd. (Rs. 1463.65,+2.60%), HDFC Bank Ltd. (Rs. 1991.90,+1.76%), Kotak Mahindra Bank Ltd. (Rs. 2153.20,+0.58%), YES Bank Ltd. (Rs. 20.19,+0.10%),.
Oil&Gas index was at 27735.91 down by -159.26 points or by -0.57%. Reliance Industries Ltd. (Rs. 1443.30,-2.27%), GAIL (India) Ltd. (Rs. 183.70,-0.86%), Indraprastha Gas Ltd. (Rs. 213.30,-0.81%), Oil And Natural Gas Corporation Ltd. (Rs. 245.00,-0.55%), Petronet LNG Ltd. (Rs. 303.75,-0.15%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4080 , shares advanced were 1911 while 1922 shares declined and 247 were unchanged.