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|
|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%|
|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.
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.
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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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