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On Monday, the S&P BSE Sensex rose more than 200 points while the Nifty50 closed just a shade below 19400 levels. Sectorally, buying was seen in utilities, power, metal, and capital goods sectors.

Nifty exhibited a positive tone as it maintained levels above the crucial support point of 19,250. A breach below this level could potentially spark unease within the market, causing concerns among investors.

A total of 200,097 shares changed hands on the counter till 12:34PM (IST).

The stock quoted a 52-week high of Rs 101.44 and a 52-week low of Rs 65.2.

As of August 18, Friday, ETMarkets identified the overbought status of the chosen stocks. Given the dynamic nature of markets, remember that market conditions can change rapidly. The status of stocks trading in an overbought zone on August 21, Monday, will be updated after market hours.

On its market debut day, shares of Jio Financial Services ended with a 5% lower circuit. From Sensex stocks, Power Grid and IndusInd Bank were the top gainers, rising over 2% each

"People tend to forget the risk which the fund has, because of which, many times they are not able to see the probable fall which can come into that particular fund if they invest just seeing the returns. The point is that it is very destructive to just follow the return charts, return performances and the select funds on the basis of those returns."

The IPO comprises fresh equity issue of Rs 162 crore and offer for sale (OFS) of 1.75 crore equity shares.

"Adani Energy Solutions looks to be a better bet compared to other plays in the power space due to its spending on regulated assets, smart meter vertical, and risk-averse investment strategy. The transmission segment of the power sector has the first right to access all collections of DISCOMS, making Adani Energy Solutions beneficial for investors. Moreover, in Mumbai, they are spending heavily to retain their EBITDA margins and ROEs. "

Gold price climbed Rs 50 to Rs 59,300 per 10 gram in the national capital on Monday, according to HDFC Securities. The precious metal had ended at Rs 59,250 per 10 gram in the previous trade.