ITC lifts Sensex the most, FMCG stocks sizzle

Markets started the new week on a high with major benchmark indices gaining nearly 1 per cent each. Sensex closed at 31,221.62 levels, up by 300 points or 0.97 per cent. Nifty closed at 9615 levels up by 94 points or 0.99 per cent. 

ITC was the top Sensex gainer and contributed the most to the Sensex gain.  The stock was up by 6.11 per cent and contributed almost 60 per cent to the Sensex gains.

Hero Motocorp , Coal India, Maruti, Infosys, Adani ports, Asian paints , Hindustan Unilever, M&M, ONGC and Tata Steel were up in the range of 1 per cent to 2.12 per cent. 

NTPC was the top Sensex loser with the stock shedding 1.17 per cent of its price on Monday. Cipla, Tata Motors, Lupin, Sun Pharma, LT, Dr Reddy, Kotak Mahindra Bank and ICICI Bank closed down in the range of 0.71 per cent to 0.05 per cent. 

BSE FMCG index was the best sectoral index performer with the index inching up by almost 3.40 per cent, gains mainly owing to ITC stock performance. 

BSE Telecom was amongst the top sectoral index gainer along with BSE Metal index. Both the indices gained 1.85 per cent each on Monday's trading session. 

All the sectoral indices were in green. BSE Bankex was the laggard along with BSE Power index gaining 0.25 per cent and 0.09 per cent respectively.