In a volatile trading session, the market closed in a positive territory on Monday, as buying interest resumed in stocks after early weakness, gaining momentum in the second half of the session.
Domestic traders continued to liquidate outstanding positions in derivatives following the imposition of additional margins by NSE even as foreign institutional investors (FIIs) are said to have increased their exposure.
The number of companies advancing on the BSE was at 922 outpacing declines at 443. Turnover in the cash segment of both BSE and NSE was down compared with Friday, with BSE at Rs 1,850.59 crore (Rs 2,058.36 crore) and Rs 3,897.68 crore (Rs 4,408.56 crore). The derivatives turnover in NSE was at Rs 8,476.22, down from Rs 8,902.62 crore on Friday.
Foreign institutional investors had net purchases of Rs 12.40 core while mutual funds were net sellers at Rs 3.80 crore on November 14.
The early weakness on the bourses was partly attributed to the weakness in Asian markets.
Heavyweights State Bank of India was up 1.69 per cent to close at Rs 473.35 and Reliance Industries was up 1.12 per cent to close at Rs 473.95, contributing to the gains of the Sensex.
Hindustan Lever was down 0.49 per cent at Rs 182.30 and ITC was down 0.10 per cent at Rs 859.65. Tata Motors was up 4.61 per cent to close at Rs 387.25. Hero Honda Motor was up 4.43 per cent to close at Rs 394.75.
Tech pivotals Satyam Computer was up 1.58 per cent to close at Rs 318.40 and Wipro was up 1.50 per cent to close at Rs 1,440.55. Elsewhere, pharma pivotals Cipla was down 1.75 per cent at Rs 1,116.90 and Dr Reddy
