Indian equity benchmarks bounced back on Monday with the Sensex closing 300.44 points or 0.51% higher at 59,141.23. During the day, it climbed 436.76 points or 0.74% to 59,277.55. The NSE Nifty surged 91.40 points or 0.52% to close at 17,622.25.

The broader indices ended in red with the BSE Midcap index down 0.16% and the Small cap index down by 0.17%. The top gaining sectoral indices on the BSE were FMCG up by 0.98%, Auto up by 0.78%, TECK up by 0.43%, Oil & Gas up by 0.35% and Bankex up by 0.34%, while Metal down by 1.25%, Telecom down by 1.13%, Realty down by 0.99%, Capital Goods down by 0.71%, Utilities down by 0.58% were the top losing indices on BSE.

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Here are the key stocks that moved the most on September 19:

Dish TV India: The stock ended 9.39% higher at Rs 16.77 after the company said its chairman has resigned from his position as promised. “We wish to inform you that Jawahar Lal Goel, Director of the Company, vide his letter dated September 19, 2022, has tendered his resignation from the Board of Directors of the Company and committee(s) thereof with effect from the close of business hours of September 19, 2022,” the company said in a regulatory filing.

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Ambuja Cements: The share price touched a 52-week high of Rs 572.25, surging 9.72% to close at Rs 564.95 after Adani Group completed the acquisition of Ambuja Cements and ACC. The transaction involved the acquisition of Holcim’s stake in Ambuja and ACC along with an open offer in both entities. The value of the Holcim stake and open offer consideration for Ambuja Cements and ACC is $6.50 billion.

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Mahindra & Mahindra: Shares of Mahindra & Mahindra snapped a three-day losing run and surged 3.05% to close at Rs 1,288.70 after CLSA maintained a ‘buy’ rating and maintained an optimistic outlook for the company.

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Indus Towers: The share price fell 3.01% to settle at Rs 198.05 after Bimal Dayal resigned as the managing director and CEO of the company and as a director of the board. Till the time the position is filled, Tejinder Kalra, the Chief Operating Officer, and Vikas Poddar, the Chief Financial Officer, will be jointly responsible for the functioning of the company under the guidance of the board and the chairman.

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Bajaj Finance: The share price surged 2.79% to close at Rs 7,493.10 after broking firm Jefferies maintained a ‘hold’ rating on Bajaj Finance and raised the target price to Rs 8,000 from Rs 7,300 per share. “The company has a shot at being the first NBFC to launch a credit card if RBI approves. The credit card will enable the company to take the product to deeper markets, the brokerage firm said.