The last hour buying helped the market to end higher on Monday
with Nifty finished above 11,450 level.At the close, the Sensex was up 70.75
points at 38095, while Nifty was up 35 points at 11462. About 1132 shares have
advanced, 1545 shares declined, and 173 shares are unchanged. HPCL, IOC, Bajaj Finance, BPCL and JSW Steel were the top
gainers on the Nifty, while losers include Maruti Suzuki, Hero Motocorp, Wipro,
Bharti Airtel and HCL Tech.Among the sectors, IT and auto index remained under
pressure throughout the day as they slipped 1 percent each, while some buying
was seen in the metal, energy, FMCG and bank names.
BUZZING STOCKS
Shares of Lupin slipped 6 per cent to Rs 741 on the BSE in early morning trade
in an otherwise strong market after the drug maker's Somerset facility was
classified as Official Action Indicated (OAI) by the US health regulator. It
was trading close to its 52-week low price of Rs 724 on May 15, 2018 in
intra-day deal.
Mindtree surged as much as 2.38 per cent to Rs 968.55 in the early trade on
Monday after the company announced it will consider share buyback plan on March
20 to fend off attempts by engineering major Larsen & Toubro (L&T) from
making a hostile takeover bid