The Sensex and Nifty closed lower on Monday as sharp losses in HDFC Bank and Axis Bank, coupled with concerns over escalating US-Iran tensions, weighed on investor sentiment. Banking stocks led the decline despite gains in select blue-chip counters
The stock rallied 2.27 per cent to Rs 1,950 -- its 52-week high level -- on the BSE. At the NSE, it climbed 2.30 per cent to hit the one-year peak of Rs 1,950.70