INSUBCONTINENT EXCLUSIVE:
The Sensex closed 20.92 points, or 0.06 per cent up at 35,556.71, whereas Nifty50 ended almost unchanged at 10,806.60.
As many as 28 stocks
in the Nifty closed in the red with Titan falling the most 3.49 per cent, followed by Zee Entertainment (down 2.75 per cent), Tata Motors
(down 2.21 per cent), Mahindra and Mahindra (down 2.19 per cent) and Bharti Infratel (down 2.05 per cent)
Monday's trade.OMCs closed mixShares of oil marketing companies (OMC) ended higher on Monday after fuel retailers hiked prices of petrol and
diesel for the first time since April 24
HPCL settled 0.31 per cent up at Rs 319.05, whereas BPCL settled 0.73 per cent up at Rs 402.25
Indian Oil Corporation closed 0.24 per cent down at Rs 169.
Dena Bank tumbledShare price of Dena Bank slipped nearly 6 per cent after the
Reserve Bank of India initiated prompt corrective action in view of high non-performing loans, restricting the bank from giving fresh credit
The scrip closed 1.10 per cent down at Rs 17.35.
PC Jewellers continued to crackShares of PC Jeweller plunged for the straight session on
Monday, falling 11.56 per cent to Rs 177.90
The scrip dropped 3.76 per cent on Friday after its board approved buyback of shares worth Rs 424 crore.
@fresh 52-week lowsOver 200 stocks
Stocks in the list included ABB India, ACC, Ambuja Cements, Dena Bank, Essar Shipping, Hindustan Construction Company, HDIL, Indian Overseas
Bank, Punj Lloyd, Punjab Sind Bank, Reliance Power, Reliance Naval, Reliance Home Finance, Reliance Infra and Reliance Capital among
others.
@fresh 52-week highsOnly 16 stocks on NSE hit their fresh 52-week highs on Monday
Some of the stocks in the list included HDFC Bank, Hindustan Unilever, Nestle India, Asian Paints and Parag Milk Foods.
Most active stocksJP
Associates, South Indian Bank, PC Jeweller, Suzlon, Reliance Communications and Idea Cellular were among the most active stocks in terms of
volume while those of Mphasis, PC Jeweller, Sun TV, Canara Bank, State Bank of India and Rain Industries were most active in terms of
value.
Spurt in open interestTata Global Beverages witnessed the biggest spurt in open interest at 37.48 per cent, followed by Sun TV (36.22
per cent), Adani Ports (21.03 per cent) and PC Jeweller (16.35 per cent).
Sun shinesShares of Sun TV Network climbed over 11 per cent after
the broadcaster on Friday reported a 22.82 per cent increase in net profit at Rs 289.76 crore for January-March
It had reported a net profit of Rs 235.91 crore during the same quarter last year
The scrip closed Rs 99.40 higher at Rs 964.05.
South Indian Bank ralliedShares of South Indian Bank climbed over 3 per cent after the lender
reported a rise of 51.05 per cent in profit at Rs 114.10 crore for quarter ended March compared with Rs 75.54 crore last year.
Q4 results
draggedShares of UCO Bank slipped over 2 per cent on Monday after net loss of the lender widened to Rs 2,134.36 crore for the fourth quarter
ended on March 31 due to increase in provisioning for non-performing assets (NPA) and fall in total income
It had reported a net loss of Rs 588.19 crore in the corresponding quarter of 2016-17.
