Nifty, Sensex Gainers & Losers: M&M, Power Grid and TCS show potential upside between 9-19% - Should you Buy?
At the market close, the BSE Sensex jumped 468.38 points or 0.76 per cent to settle at 61,806.19, while the Nifty50 climbed 151.45 points or 0.83 per cent to end at 18,420.45.
The Indian markets snapped a two-day losing streak to close positive on Monday as the benchmark indices – NSE Nifty and BSE Sensex – each gained around 1 per cent following heavy buying in banking, oil, and FMCG shares.
At the market close, the BSE Sensex jumped 468.38 points or 0.76 per cent to settle at 61,806.19, while the Nifty50 climbed 151.45 points or 0.83 per cent to end at 18,420.45. Both these indices had declined by more than 2 per cent in the last two sessions.
From the Sensex pack, Mahindra & Mahindra, Power Grid, Bharti Airtel, Bajaj Finserv, HDFC, Hindustan Unilever, Maruti, ITC, Titan, Nestle, Bajaj Finance and Reliance Industries were the major winners. Whereas TCS, Infosys, Tata Motors, and IndusInd Bank were among the laggards.
Also Read: Stock Market HIGHLIGHTS: Sensex, Nifty break two-day losing streak; auto, FMCG stocks unleash bulls
Below are three heavyweights that closed as top gainers/losers on Monday
Mahindra and Mahindra (M&M): BUY – Target: Rs 1496, Upside: 16%
Shares of Mahindra and Mahindra have closed as top Sensex gainer on Monday. The stock surged around 3 per cent to Rs 1288.60 per share on the BSE against 0.76 per cent rise in the Sensex.
Final Trade: Sensex Spurts 468 Pts, Nifty Closes Above 18,400 | Closing Bell
List of top gainers and losers on Nifty and Sensex
Nifty50 Top Gainers:
1) Adani Ports shares ended at Rs 895.30, up over 4 per cent on the NSE from Friday’s closing price.
2) Adani Ent shares ended at Rs 4,101.00 up over 3 per cent on the NSE from Friday’s closing price.
3) M&M shares ended at Rs 1,289.00, up around 3 per cent on the NSE from Friday’s closing price.
4) Eicher Motor shares ended at Rs 3,382.00, up around 3 per cent on the NSE from Friday’s closing price.
5) Power Grid shares ended at Rs 218.85, up over 2.5 per cent on the NSE from Friday’s closing price
Nifty50 Top Losers:
1) TCS shares ended at Rs 3,205.25 down over 1 per cent on the NSE from Friday’s closing price.
2) ONGC shares ended at Rs 145.95, down around 1 per cent on the NSE from Friday’s closing price.
3) Tata Motors shares ended at Rs 418.05 down around 1 per cent on the NSE from Friday’s closing price.
4) Infosys shares ended at Rs 1,510.00, down around 1 per cent on the NSE from Friday’s closing price.
5) Sun Pharma shares ended at Rs 987.45 down over 0.5 per cent on the NSE from Friday’s closing price.
Sensex Top Gainers:
1) M&M shares ended at Rs 1290.40, up over 3 per cent on the BSE from Friday’s closing price.
2) Power Grid shares ended at Rs 218.80, around 3 per cent on the BSE from Friday’s closing price.
3) Bharti Airtel shares ended at Rs 839.80, up over 2 per cent on the BSE from Friday’s closing price.
4) Bajaj Finserv shares ended at Rs 1618.90, up 2 per cent on the BSE from Friday’s closing price.
5) Hindustan Unilever shares ended at Rs 2717.70, up around 2 per cent on the BSE from Friday’s closing price.
Sensex Top Losers:
1) TCS shares ended at Rs 3201.60, down by over 1 per cent on the BSE from Friday’s closing price.
2) Infosys shares ended at Rs 1507.60, down around 1 per cent on the BSE from Friday’s closing price.
3) Tata Motors shares ended at Rs 417.90, down around 1 per cent on the BSE from Friday’s closing price.
4) Sun Pharma shares ended at Rs 987.90, down over 0.5 per cent on the BSE from Friday’s closing price.
5) IndusInd Bank shares ended at Rs 1222.65, down 0.5 per cent on the BSE from Friday’s closing price.
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