Mumbai: Indian equity benchmark indices ended the 8-day losing streak and settled in positive territory on Monday. The BSE Sensex closed at 75,996.86, up 57.65 points or 0.08 per cent from its previous close. In the preceding eight straight trading sessions, the BSE Sensex had shed 3.4 per cent or 2,645 points. Similarly, the NSE Nifty50 ended 30.25 points or 0.13 per cent higher at 22,959.50.
However, the market breadth remained negative. Out of 2,955 stocks traded on the NSE; 1,014 ended with gains, while 1,871 declined today, and 70 remained unchanged. Stocks advanced on BSE, were 1,152 against 2,887 stocks that declined, and 147 remained unchanged. Total stocks traded were 4,186. The number of stocks that recorded a 52-week high was 62, and those that hit a 52-week low was 890. A total of 167 stocks traded in the upper circuit, and 543 in the lower circuit.
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34 out of the 50 constituent stocks of Nifty50 settled higher. Top gainers were Adani Enterprises, Bajaj Finserv, IndusInd Bank, Power Grid Corporation, and Adani Ports. Top losers were Mahindra & Mahindra, Bharti Airtel, Infosys, TCS, and ICICI Bank.
The broader markets also showed a recovery during the second half of the trading session, with the Nifty Midcap100 settling with gains of 0.39 per cent. The Nifty Smallcap100 index, on the other hand, ended with marginal gains of 0.04 per cent.
Among the sectors on the NSE, Pharma, Banks, Financial Services, Healthcare, OMCs, Consumer Durables, and Metals ended higher. The Nifty Pharma index was the top gainer among the sectors, closing 1.27 per cent higher, led by Glenmark Pharma, and Ajanta Pharma. Meanwhile, the Nifty Auto, FMCG, IT, and Media indices ended down by up to 0.71 per cent.
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