INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of PC Jeweller (down 16.94 per cent) and Intellect Design Arena (11.09 per cent) plunged over 11 per cent, emerging among
the top losers on BSE on Monday.
Kwality (9.79 per cent), Praj Industries (8.14 per cent) and Aegis Logistics (7.42 per cent) suffered
losses of over 7 per cent.
Stocks such as RattanIndia Power (6.87 per cent), HDIL (6.70 per cent), Delta Corp (6.57 per cent), BHEL (6.41
per cent), India Cements (6.36 per cent), KEC International (6.12 per cent) and Parag Milk Foods (6.03 per cent) tanked over 6 per
cent.
Indian equity benchmarks extended losses to the second session on Monday due to losses in bank, FMCG, financial, telecom and capital
goods stocks even as global cues were mostly positive.
Investors' risk appetite remained subdued ahead of India's central bank's
monetary policy review meeting that began today and will conclude on Wednesday.
The BSE Sensex took a downward plunge of 215 points, or 0.61
per cent, to settle at 35,012, while the Nifty index tanked 68 points, or 0.63 per cent, to finish Monday's session at 10,629.
In the
Nifty index, 15 stocks managed to close the day with gains, while 35 remained in the negative zone.
The Sensex saw 7 stocks advancing, while
24 declining at the end of Monday's trade.
HDFC Bank, Bharti Airtel and Adani Ports remained the top losers in the Sensex index.