Technical analysts said the stock broke out of the descending channel pattern on weekly charts with above-average volume. Last week, the price retraced back towards breakout levels with a gap-down opening.
Stocks that were in focus included names like Tata Power, which rose 6.67%, Natco Pharma, which fell 8%, and Coffee Day, whose shares declined 14.88% on Monday.
Stocks that were in focus included names like Kotak Bank, which fell 0.37%, IDFC First Bank, which gained 5.78%, and Nazara Tech, whose shares jumped 10.20% on Monday.
Closing Bell: Nifty closes above 19550, Sensex near 66k, gain for 3rd session; Nifty Midcap 100 hits new high financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.