Benchmark indices were highly volatile on Monday.
The S&P BSE Sensex was trading around 39,780 levels. Nestle India (up 6%), Hindustan Unilever (up 5%), and Asian Paints and Bajaj Auto (both up 4%) gaine the most while ITC (down 3%) and TCS (down 2%) were the top laggards.
The broader Nifty50 index was trading above the 11,650-mark, up 25 points, or 0.21 per cent.
Majority of the Nifty sectoral indices were trading in the green. Nifty walking frames elderly Auto, Nifty FMCG, Nifty Metal, and Nifty Private Bank indexes were all trading 1 per cent higher while Nifty IT and Nifty PSU Bank indexes bled a per cent each.
In the broader market, the S&P BSE MidCap index surged 212 points, or 1.4 per cent, while the S&P BSE SmallCap index was up 50 points, or 0.34 per cent.