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Sectorally, buying was seen in realty, IT, telecom, oil & gas, and energy stocks, while some selling was seen in capital goods and power stocks. ​Stocks in focus included names like FDC, which hit a fresh 52-week high, Suzlon, which rallied over 9% and Go Fashion, which fell nearly 5% on Monday.

In the international markets, gold and silver were trading lower at USD 1,959 per ounce and USD 24.10 per ounce, respectively.

The Nifty Bank index closed 0.1 per cent down at 43944.2.

​Six Nifty50 stocks generated a bearish signal and suggested that it was time to sell these counters as the MACD crosses down through the signal line. ​

This is the market where we have to be very selective when index is not giving broader picture and the swings in between and especially when India VIX is near to 11, we cannot expect the bigger swings in the broader indices, but a stock specific move is likely to be there.

The stock quoted a 52-week high price of Rs 1747.15 and low of Rs 716.65.

A total of 6,260 shares changed hands on the counter till 02:04PM (IST)

All along actually, post-pandemic recovery in the economy and also in the stocks, we have seen that the sectors which are more related to the investment cycle, the credit cycle, the cyclical recovery from pandemic lows in terms of discretionary consumption where savings picked up, I think these are the sectors which are clearly leading the rally, not only in the economic recovery but in the stock market also.

On the technical charts, the 200-day moving average of the stock stood at Rs 827.56.

Shares of Urja Global surged 20% after announcing an agreement with Tesla Power India for manufacturing and supplying batteries under the Tesla Power USA brand. Urja Global will be the manufacturer and supplier partner of batteries in India. The smallcap Indian company is in the renewable energy sector and is involved in the design, supply, and maintenance of off-grid and grid-connected solar power plants as well as the application and trading of solar and lead-acid batteries. The company was also directed by SEBI to obtain certification of the authenticity of corporate announcements.