Monday’s trading session saw ITI Limited leading the gains on the NIFTY 500 index, while Bank of Maharashtra turned out to be the worst performer. Here’s a closer look at the market action.
ITI Limited, a telecom equipment manufacturer, closed at ₹215, marking a significant surge of nearly 12% from its previous close at ₹192.
| Stock | Current price | Prev. close (₹) | %Change |
|---|---|---|---|
| ITI Limited | ₹215.0 | ₹192.0 | 11.98% |
| Oil India Limited | ₹311.25 | ₹295.75 | 5.24% |
| Kaynes Technology India Limited | ₹2631.15 | ₹2549.7 | 3.19% |
| Angel One Limited | ₹2040.35 | ₹1977.65 | 3.17% |
| Metro Brands Limited | ₹1176.2 | ₹1140.55 | 3.13% |
| Stock | Current Price | Prev. Close | % Change |
|---|---|---|---|
| Bank of Maharashtra | ₹45.3 | ₹48.55 | -6.69% |
| UCO Bank | ₹40.4 | ₹43.2 | -6.48% |
| Indian Overseas Bank | ₹43.3 | ₹46.25 | -6.38% |
| Central Bank of India | ₹46.8 | ₹49.95 | -6.31% |
| GMR Airports Infrastructure Limited | ₹57.75 | ₹61.6 | -6.25% |
Another substantial gainer was Oil India Limited, which saw its stock price rise by 5.24% to ₹311.25. The surge today comes as crude oil prices climbed close to 5% on concerns of the rising tensions between Israel and Hamas.
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Meanwhile, the banking sector took a hit with the Bank of Maharashtra witnessing the largest dip, falling by 6.69% to INR 45.3. Other banking stocks such as UCO Bank, Indian Overseas Bank, and Central Bank of India also saw significant drops, declining by 6.48%, 6.37%, and 6.31% respectively.
Another underperformer was GMR Airports Infrastructure Limited, which saw its stock price decline by 6.25% to ₹57.75.
The Nifty 500 index closed around 1% lower at ₹17,127.90 on Monday.
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