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Stock market LIVE updates: Equity markets were range-bound with negative bias on Monday as investors juggled between Q2-FY24 quarterly results of India Inc and geopolitical tensions between Israel and Gaza. The S&P BSE Sensex quoted at 66,245 levels, down 38 points or 0.06 per cent. The Nifty50, on the other hand, hovered around 19,750-mark.
In the broader markets, the BSE MidCap and SmallCap indices outperformed the market by rising 0.39 per cent and 0.52 per cent, respectively.
Among individual stocks, shares of Delta Corp tanked 11 per cent after the company’s subsidiary received notice for a goods and services tax of Rs 6,384 for payment of the shortfall tax. READ MORE
Shares of Gujarat State Fertilizers & Chemicals Limited (GSFC) rallied 9 per cent on the BSE to a record high of Rs 204.50 in Monday’s intra-day trade amid heavy volumes. In the past two trading days, the stock of the fertiliser company has surged 17 per cent on a stable business outlook. READ MORE
Among sectors, the Nifty Metal and PSU Bank indices were up 0.8 per cent each. The Nifty Bank index, on the flipside, fell 0.3 per cent.
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