Indian stock market benchmarks staged a sharp recovery on Monday with Sensex trading marginally higher during the late noon trading session.
At 14:38 hours, the 30-share benchmark index was trading at 81082.32 up by 82.92 points or by 0.1 % and then NSE Nifty was at 24994.45 up by 8.05 points or by 0.03 %.
Sensex touched intraday high of 81339.41 and intraday low of 80519.31 The NSE Nifty touched intraday high of 25084.05 and intraday low of 24838.75
The top gainers of the BSE Sensex pack were State Bank of India (Rs. 1039.65,+2.26%), Larsen & Toubro Ltd. (Rs. 4180.50,+1.84%), Trent Ltd. (Rs. 3102.00,+1.70%), HDFC Bank Ltd. (Rs. 796.70,+1.59%), ICICI Bank Ltd. (Rs. 1587.00,+1.34%), among others.
The top losers of the BSE Sensex pack were HCL Technologies Ltd. (Rs. 1405.40,-2.61%), UltraTech Cement Ltd. (Rs. 12235.55,-2.19%), Tata Steel Ltd. (Rs. 186.00,-1.85%), Infosys Ltd. (Rs. 1151.85,-1.72%), Bajaj Finance Ltd. (Rs. 1067.20,-1.63%), among others.
Bankex index was at 67078.97 up by 781.2 points or by 1.18%. Punjab National Bank (Rs. 131.25,+4.37%), Union Bank of India (Rs. 194.15,+4.21%), Canara Bank (Rs. 127.65,+3.61%), Bank of Baroda (Rs. 258.15,+3.38%), State Bank of India (Rs. 1039.65,+2.26%),.
IT index was at 30585.68 down by -459.11 points or by -1.48%. GNG Electronics Ltd. (Rs. 547.05,-9.63%), Rashi Peripherals Ltd. (Rs. 681.35,-7.53%), Ivalue Infosolutions Ltd. (Rs. 203.05,-5.69%), RateGain Travel Technologies Ltd. (Rs. 698.25,-5.51%), Empower India Ltd. (Rs. 1.15,-4.96%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4788 , shares advanced were 1982 while 2568 shares declined and 238 were unchanged.