Mumbai: Indian equity benchmarks ended Monday’s trading session in the red, with Nifty 50 slipping 106.15 points or 0.43%, settling at 24,730.75. Despite a steady open at 24,782.45, the index failed to hold gains, hitting a low of 24,715.15 before marginally recovering. Broader market indices also mirrored the weakness, with Nifty Next 50, Financial Services, and Bank indices all ending lower.
The downtrend in major indices reflects profit booking and cautious investor sentiment amid global economic uncertainties and upcoming domestic earnings announcements.
📈 Top 5 Gainers on NSE
Company
LTP (₹)
Change (₹)
% Change
Volume (Lakh)
Value (₹ Cr)
SUDARSCHEM
1,424.40
+174.20
+13.93%
23.58
326.20
ASIANENE
320.00
+34.85
+12.22%
28.05
90.22
ARCHIDPLY
112.50
+12.16
+12.12%
6.67
7.74
TIMESGTY
246.84
+25.96
+11.75%
3.84
9.57
JAGSNPHARM
294.15
+30.86
+11.72%
52.28
153.24
Sudarsan Chemical emerged as the top performer, rallying 13.93% on the back of strong quarterly numbers and renewed investor confidence.
📉 Top 5 Losers on NSE
Company
LTP (₹)
Change (₹)
% Change
Volume (Lakh)
Value (₹ Cr)
VALIANT-RE
11.65
-7.59
-39.45%
0.78
0.10
KELLTONTEC
28.85
-3.30
-10.26%
82.03
24.04
PARAS
704.70
-78.30
-10.00%
12.04
87.36
AVG
243.70
-26.90
-9.94%
1.44
3.62
ASAL
503.50
-47.65
-8.65%
1.10
5.73
Valiant Organics Rights Entitlement faced a steep 39.45% drop, making it the day’s worst performer. Heavy sell-offs were also seen in Kellton Tech and Paras Defence, dragging down investor sentiment in the mid-cap space.
💡 Conclusion: Mixed Sentiment, Sectoral Pressure
The Indian markets saw a mixed trading session with broader indices in the red and selective stock-specific actions in focus. While top gainers witnessed double-digit returns due to positive fundamentals or sectoral cues, the losers reflected pressure from disappointing results, profit booking, or weak outlook.
Going forward, market participants are likely to track global interest rate cues, foreign fund flows, and corporate earnings announcements for short-term direction.