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Shares of Bank of Baroda(up 3.83 per cent), Punjab National Bank(up 2.86 per cent), State Bank of India(up 2.58 per cent), IDFC First Bank Ltd.(up 1.64 per cent) and Kotak Mahindra Bank Ltd.(up 1.59 per cent) ended the day as top gainers in the pack.

Sensex and Nifty closed at new record highs on Monday, led by financial stocks helped by strong foreign fund inflows and a largely firm trend in Asian markets. Rallying for the third day running, the 30-share BSE Sensex jumped 384.30 points, or 0.45 per cent, to settle at an all-time high of 84,928.61. The NSE Nifty rose 148.10 points, or 0.57 per cent, to close at a record peak of 25,939.05.

Voltas Ltd. fell 1.77 per cent to Rs 1894.3 at 02:00PM hours (IST) on Monday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 17,389 shares with a turnover of Rs 3.3 crore till 02:00PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 137.2, while the price-to-book value ratio stood at 6.27.

Tube Investments of India Ltd. traded 1.12 per cent lower in Monday's session at 02:05PM (IST). The stock opened at Rs 4249.95 and has touched an intraday high and low of Rs 4273.55 and Rs 4193.05, respectively, during the session so far. The stock quoted a 52-week high of Rs 4666.0 and a 52-week low of 2881.3. About 7,767 shares changed hands on the counter so far.

Avenue Supermarts Ltd. dropped 0.91 per cent to Rs 5278.4 at 01:39PM (IST) in Monday's trade. The scrip hit a high of Rs 5365.0 and low of Rs 5261.0 so far during the session. The stock had closed at Rs 5326.95 in the previous session. The counter had a total traded volume of 01:39PM shares so far with a turnover of Rs 4.02 crore on BSE. The stock traded at a price-to-earnings multiple of 129.59 and a price-to-book ratio of 15.76.

Godrej Consumer Products Ltd. traded at Rs 1445.5 on BSE at 01:28PM (IST) on Monday, down 1.05 per cent from previous close. The scrip quoted a 52-week low price of Rs 959.55 and a high of Rs 1541.3.

LTIMindtree Ltd. dropped 0.68 per cent to Rs 6330.0 at 01:33PM (IST) in Monday's trade. The stock hit a high of Rs 6400.0 and low of Rs 6285.0 so far during the session. The stock had closed at Rs 6373.35 in the previous session. The counter had a total traded volume of 01:33PM shares so far with a turnover of Rs 5.02 crore on BSE. The stock traded at a price-to-earnings multiple of 41.1 and a price-to-book ratio of 7.3.

Pidilite Industries Ltd. rose 0.15 per cent to Rs 3286.8 in Monday's trade. It hit an intraday high of Rs 3306.2 and low of Rs 3277.4, respectively, during the day. The stock quoted a 52-week high price of Rs 3330.9 and low of Rs 2293.1.

REC Ltd. gained 0.96 per cent to Rs 545.0 at 12:57PM (IST) in Monday's trade. The scrip has hit a high of Rs 548.5 and low of Rs 535.8 so far during the session. The stock had closed at Rs 539.8 in the previous session. The counter has had a total traded volume of 117893 shares so far with a value of Rs 6.39 crore on the NSE. It traded at a price-to-earnings multiple of 9.85 and a price-to-book ratio of 1.73.

European shares started Monday on a subdued note as investors maintained a cautious stance ahead of a slew of key economic data from the region through the week. The pan-European STOXX 600 index held its ground at 514.43, as of 0710 GMT.

SRF Ltd. slipped 0.06 per cent to Rs 2418.45 in Monday's trade as of 12:48PM (IST). The stock hit a high price of Rs 2433.45 and low of Rs 2412.05 during the session. The return on equity (ROE) for the stock stood at 11.63 per cent. Traded volume on the counter stood at 12:48PM shares and turnover at Rs 5.7 crore around that time. The stock of SRF Ltd. quoted a 52-week high price of Rs 2697.45 and 52-week low prices of Rs 2081.25, respectively.

Lupin Ltd. traded 0.09 per cent up in Monday's trade at 12:17PM (IST). Around 15,731 shares changed hands on the counter. The scrip opened at Rs 2164.95 and touched an intraday high and low of Rs 2173.6 and Rs 2141.45, respectively, in the session so far. The stock of Lupin Ltd. quoted a 52-week high of Rs 2312.0 and a 52-week low of Rs 1091.8.

HDFC Asset Management Company Ltd. traded 0.72 per cent up at Rs 4407.95 at 12:12PM (IST) on Monday, even as BSE benchmark Sensex gained 157.78 points to 84702.09. The stock had closed at Rs 4376.15 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 4544.5 and Rs 2565.0, respectively.

Subscribe to enjoy similar stories. Earlier this month, the ₹9,300 crore Raymond Group announced plans to demerge into three separate entities: Raymond Ltd, Raymond Lifestyle, and Raymond Realty. As part of the demerger plan, the company intends to list all three companies over time.

«So, in nickel itself, of course, we still see continued tightness in terms of the Indonesian ore in particular which is a main supplier or main producer on a global scale for the nickel market,» says Jenson Ong, S&P Global Commodity Insights. Now, that the big Fed event is behind us, what is the outlook that you have on the non-ferrous metals because after seeing a significant fall from the May 2024 highs, the non-ferrous metal space has rebounded of late, at least from the September 9 lows that we have seen. Do you think the uptrend is sustainable and from here on, we will see a bigger recovery? Jenson Ong: The non-ferrous metals, of course, looking at the main couple of metals, like let us say nickel, aluminium, copper, for example, in terms of the rebound in prices, of course in the recent months or so, the trend is a lot of supply tightness stemming from the upstream markets of these metals for nickel for example, aluminium, upstream alumina and copper concentrates as well.

Gold prices hovered near record highs on Monday, as traders embraced the momentum generated by the U.S. Federal Reserve's bold interest rate cut and signs that further reductions were on the horizon.

Overseas investors bought Indian equities worth ₹32,779 crore across 17 sectors in the first 15 days of September, according to data from NSDL. Financial services received the highest inflows as Foreign Portfolio Investors (FPIs) pumped ₹12,253 crore into the sector in the first-half of September, after selling a similar amount in August. Nifty Bank and Nifty Financial Services indices gained 6.13% and 6.95%, respectively, in the past month. From January to August, overseas investors pulled ₹64,932 crore out of the shares in the sector.

Nifty, with a potential target of 26,250 and immediate support at 25,600. However, caution is advised due to indicators like the FPIs’ long-short ratio reaching 75%, and the monthly RSI crossing 80, according to analysts. Stocks such as HDFC Bank, Kotak Bank, M&M, Maruti, Eicher Motors, L&T, Nestle India, United Spirits, Sobha, Lodha, JSW Steel, Blue Star, and Havells have formed bullish trends on charts. NAGARAJ SHETTI, TECHNICAL ANALYST, HDFC SECURITIES