Due to lack of steady cues from global markets, the Indian stock markets struggled to achieve profits on the opening day of the week. Midcaps and smallcaps shares were in demand today as the trading volumes were quite low. BSE Sensex increased by 0.10% with 18.82 points while NSE Nifty traded 0.24 high with 13.3 points. BSE Midcap Index rose by 0.91% whereas BSE Smallcap Index moved 1% higher.

BSE PSU and BSE Healthcare indexes were up between 0.84 to 0.11% while BSE FMCG index was down by 0.91%.


Gainers

Jindal Steel stocks rose by 2.95%, right after the declaration from the Bolivia government on providing additional 3000 acres of land to the company for setting up a steel plant. Jindal Steel, Bolivia is a subsidiary of JSPL, which has secured the land to start $2.1 billion steel and power plant in Bolivia. The company has resumed activities to develop the El Mutun iron ore deposit and steel plant in Bolivia’s Santa Cruz area.
Along with Jindal Steel, stocks of Cipla, Bharti Airtel and BHEL topped the list of the gainers on the benchmark index today.

Losers

Meanwhile, Reliance Infrastructure was the biggest loser of the day with shares down by 2.29%. Other losers leading the decline include ITC (-1.90%), Jaiprakash Associates (-1.78%), Hindalco Industries (-1.66%) and HDFC Bank (-1.44%).