From the Sensex basket, NTPC, Adani Ports & Special Economic Zones, PowerGrid, Titan, JSW Steel, Axis Bank and State Bank of India were among the major laggards.
Shares of Hi-Tech Pipes zoomed over 7 per cent even as market remained volatile of Monday. The counter opened in green at Rs 190.90 and surged further to touch the high of Rs 204.85 on the BSE. This is a gain of around 7 per cent from the previous close of Rs 190.05. The 52-week of the counter is Rs 210 and a 52-week low is Rs 81.15.
Meanwhile, Equity benchmark indices pared all early gains and were trading lower in mid-session trade on Monday, with the Sensex plunging 215.18 points while Nifty declined to crack below the 25,000-mark amid profit-taking and decline in the shares of blue-chip HDFC Bank.
The BSE Sensex dropped 215.18 per cent to 81,473.27 in the afternoon trade after soaring 449.32 points earlier in the day. From its intra-day high of 82,137.77, the benchmark tanked 548.83 points to 81,139.62.
The NSE Nifty also slumped 191.65 points to 24,822.95. The benchmark hit an intra-day high of 25,143 in the early trade and a low of 24,798.65.
From the Sensex basket, NTPC, Adani Ports & Special Economic Zones, PowerGrid, Titan, JSW Steel, Axis Bank and State Bank of India were among the major laggards.
However, ITC, Bharti Airtel, Infosys, ICICI Bank and Bajaj Finance were trading in the green territory.
In Asian markets, Tokyo, Shanghai, Hong Kong and Seoul were settled on a higher note on Monday.
Wall Street ended with gains on Friday. Global oil benchmark Brent crude fell 0.14 per cent to USD 77.94 a barrel.
(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)