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Market Update: SBI, TCS, M&M top Nifty gainers; Axis Bank, HUL hit new 52-week high

State Bank of India which was up close to 3 percent while Mahindra & Mahindra was up 2.32 percent. Tech Mahindra, Tata Consultancy Services and Axis Bank were the other top Nifty gainers.

The Indian benchmark indices on Monday morning were trading on a negative note with the Nifty down 34.20 points or 0.33 percent while the Sensex shed 74.40 points at 33240.

The Nifty midcap index was trading in the red, down 0.27 percent dragged by Ashok Leyland, Biocon, CG Power, India Cements, HPCL, Just Dial, Reliance Capital and Reliance Power.

Bank Nifty was the outperformer which added 0.21 percent led by State Bank of India which jumped over 2.5 percent followed by Bank of Baroda, Axis Bank and Federal Bank.

From the Nifty, the stocks that gained the most were State Bank of India which was up close to 3 percent while Mahindra & Mahindra was up 2.32 percent. Tech Mahindra, Tata Consultancy Services and Axis Bank were the other top gainers. Stock free tips

The most active stocks apart from SBI, Axis Bank and M&M included HDFC and Larsen & Toubro.

The top losers were Aurobindo Pharma which fell 3.75 percent followed by Larsen & Toubro which was down over 3 percent. BPCL, Coal India and ONGC were the other top losers.
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