Mid-cap, small-cap outperforms

The broad market indices BSE Mid-cap and Small-cap index registered handsome gains. The BSE Mid-cap index gained 0.62 per cent, while small-cap index was up by 1.37 per cent on Monday.

Among the BSE Mid-cap index stocks, ICICI Securities Ltd was the top gainer, which was up 8.05 per cent, followed by Mphasis, Adani Power which were up by 7.24 and 6.75 per cent, respectively.

On the other hand, the small-cap pack was led by Uttam Sugar, GTPL, Aptech, Trident, which hit their upper circuit limits and were up by 20 per cent each. The rally in the Small-cap index can be attributed to good results and a rally in sugar stocks.

Meanwhile, the benchmark indices BSE Sensex closed at 34,865.10, up by 131.52 or 0.38 per cent and Nifty50 closed at 10,512.50, up by 40.00 or 0.38 per cent on Monday. Among BSE Sensex stocks, Infy, ITC, ONGC, TCS and Sun Pharma were the top gainers. While among Nifty50 Dr. Reddy, Cipla, Infy, Hindalco and ITC topped the chart.