Sensex, Nifty extend gains on hopes of easing Doklam tensions; these stocks surge over 15%

NEW DELHI: Shares of Raj Rayon (25 per cent), Essar Shipping (19.96 per cent), Alkali Metals (19.95 per cent), Indo Thai Securities (19.94 per cent), Stel Holdings (18.44 per cent), Asahi India Glass (16.09 per cent) and Ansal Housing (15.05 per cent) surged over 15 per cent in Monday's trade as benchmark indices extended gains for the fourth session.

HEG (12.29 per cent), Visaka Industries (11.58 per cent), Century Extrus (11.54 per cent), Sanghvi Forging (10.66 per cent) and Adani Enterprises (10.08 per cent) gained over 10 per cent.

Benchmark indices traded in the positive territory backed by the firm global cues.

Persistent buying by domestic institutional investors boosted the sentiment.

Pharma, realty and IT indices hogged the limelight by each gaining over 1 per cent.

Auto and bank stocks also performed well.

Infosys, Sun Pharma, Eicher Motors, YES Bank and Bank of Baroda were topping the Nifty chart.

On the contrary, Dr Reddy's, Power Grid, Tata Motors, Tata Consultancy Services and Indiabulls Housing Finance were losing in trade.

Nifty50 was trading above 9,900-mark, while Sensex hovered around 31,800 level.

In the Nifty50 pack, 35 stocks were trading in green, while 16 stocks were in red.

On BSE, 1,551 stocks were advancing whereas 843 stocks were lagging.

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