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A total of 252,649 shares changed hands on the counter till 10:41AM (IST).

“We have one group of average 5% in 10 names and then there is a group of 20-25 names of 2-2.5%; so a total of 35 names. Any new name is not going to change my life but as a group they have changed my life over time. Therefore even if we look at one of these new stocks, we will have to find 2.5% somewhere to sell. ”

The S&P BSE Sensex fell more than 300 points while the Nifty50 closed below 17800 levels on Monday.

KPIT Technologies key Products/Revenue Segments include Software Services and Sale of Products for the year ending 31-Mar-2022.

Six of the group’s 10 stocks slid Monday, increasing losses since US short-seller Hindenburg Research made fraud allegations against the conglomerate on Jan. 24 to about $117 billion. Billionaire Gautam Adani and his family have prepaid $1.11 billion of borrowings backed by shares to ease investor concerns, the group said in a statement Monday.

“In terms of credit rating, we continue to be investment grade and fortunately, the rating from Moody as well as Fitch reaffirmed that part. While S&P maintained the same rating for ATL as well as for Adani Electricity Mumbai, for sustainability linked bonds because of the volatility that currently one is seeing in the market, they have given the outlook as negative but that is a matter of just about a quarter or so.”

From the Sensex pack, IndusInd Bank, Bajaj Finserv, Bharti Airtel and UltraTech Cement were the top gainers, rising about 0.5-1%. Kotak Bank, M&M, NTPC and Axis Bank also opened with gains.

Finolex Industries, incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 10911.09 Crore) operating in Plastics sector.

The Nifty Auto index was trading 0.57 per cent down at 13284.45.

In the Nifty200 pack, six stocks closed above their 200 DMA (Daily Moving Averages) on February 6. >> For more such web stories click on the ET icon below.