At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 368 points or 0.69 per cent. 

Monday’s trading session turned out to be a marvellous one for Bank Nifty as it closed with gains of over 1 per cent i.e. above the sloping trendline resistance and marked its highest closing level after June 13.  

On Monday, the benchmark indices recouped the morning losses in the afternoon session with Sensex closing 326.84 points or 0.62 per cent higher at 53,234.77 level whereas Nifty being 83.40 points or 0.53 per cent up at 15,835.40 level.  

With a positive start to the week, largely predominated by the green, the FMCG sector soared 2.5 per cent while Metal, Energy and Oil& Gas bore the brunt of the bears.

Hindustan Foods, Parag Milk Foods and Tilaknagar Industries witnessed positive action in today’s session.  

It is engaged in the business of printing labels, articles of stationery, magazines, and cartons.  

The company declared a final dividend of Rs 9.60 per equity share for the fiscal year ending March 31, 2022, subject to the approval by the members at the subsequent AGM on July 29, 2022.

BSE Smallcap index climbed 0.59 per cent to end at 24,954.54.

Indices closed higher amid volatility. Nifty gained momentum in the last hour and closed above the 15,800 mark.

At 2 pm, the scrip surged 3.94 per cent to Rs 238.60 on NSE whereas it witnessed heavy selling on plunging over 23 per cent in the last six months.

Markets have been trading in a narrow range with a negative bias for the past five trading sessions. In this article, we have identified stocks that have outperformed Nifty 50.