Top Gainers & Losers: The Indian market extended gain for the second straight session on Monday amid positive global cues, placing the market on a steady path for the second straight session.

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The market has traded on a positive note with the Sensex gaining 0.69 per cent to close at 60,224.46 and Nifty was up by 0.67 per cent intraday and ended at 17,711 levels whereas Bank Nifty was up by 0.24 percent and settled at 41,350.40.

The Nifty50 index has maintained its 200 Day EMA of 17,583 for yet another session, forming a respectable bullish candlestick pattern on the daily charts and it now surpass the 50-day EMA to advance closer to the 18000 level, Devan Mehata, Research Analyst, Choice Broking said.

Among sectors Nifty Auto, Nifty IT and Nifty Energy ended in green while Nifty PSU Bank and Nifty Realty ended on the lower side. In Nifty stocks, Adani Enterprise, Tata Motors and ONGC were the top gainers while Tata Steel, Britannia and JSW Steel were the prime laggards.

“Buoyancy on the global front is helping the index to stage recovery however multiple hurdles are capping the upside on every uptick, Ajit Mishra, VP - Technical Research, Religare Broking said, while advising investors to continue with stock-specific trading approach and prefer sectors that are showing resilience.

Here's more on some of the top gainers and losers in the 50-scrip pack on March 6

Tata Motors

Auto major Tata Motors share price ended as a top Sensex gainer on Monday. The stock surged around 3 per cent to Rs 439.95 per share on the BSE.

the government’s decision to cut the windfall tax on diesel exports. Amid this, CLSA has a ‘buy’ rating on the stock with a target price of Rs 225 per share.

Britannia Industries

Good Day biscuits maker Britannia Industries shares ended as a top Nifty laggard on Monday, the counter slipped nearly 2 per cent to end today’s session at Rs 4325 per share on the NSE.

The weakness in the stock came after global brokerage firm CLSA downgraded Britannia to ‘sell’ from an ‘underperform’ rating with a reduced target of Rs 4,060 from Rs 4,525 per share. It said the high wheat and milk inflation to impact margins, going forward.