In the volatile session today, the IT and Metal stocks held the ground, whereas all other sectoral indices declined on the first Monday of the new financial year amid rising covid cases and restrictions in Maharashtra.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

The heavyweights such as TCS, Tata Motors, Tata Steel, Bajaj Finance, SBI and Adani Enterprise were the most active stocks during today's session. In which, Adani Ent and TCS gained most in today's session with near three and over two per cent respectively.

As banking and financial stocks dragged the market most amid rising covid concerns, Bajaj Finance and SBI declined most with near six and five per cent respectively in today's trade.

Tata Group's companies Tata Steel and Tata Motors traded almost flat during today's session, with former gaining by 0.5 per cent and latter declining by 0.8 per cent.

Adani Ent being the top moving stock touched it's 52-week high today at Rs 1,150 apiece, however, ended at Rs 1,138 per share. While the second most active stock, TCS was trading at Rs 3263 apiece (day's high), to end at Rs 3238 apiece.

Most active Bajaj Finance and SBI were engulfed into selling sentiments. With Rs 5259 per share, the latter was at day's hight today and former with 369 per share. Both Bajaj Fin and SBI ended at Rs 4962 per share and Rs 354 per share respectively.

The market today was in sell-off mode, with benchmark indices Sensex and Nifty 50 declining by over 1.5 per cent today. Whereas the broader markets small and mid-cap outperforming its peers declined by 1 per cent in the week's first day of session.