Indian equity benchmarks ended lower on Monday with the Sensex losing 518.64 points or 0.84% to 61,144.84. The Nifty was down by 153.70 points or 0.84% to 18,153.95. 

The broader indices ended mostly lower with the BSE MidCap index losing 0.15% and the SmallCap index down by 0.03%. The top losing sectoral indices on the BSE were IT down by 1.46%, Power 1.42%, Utilities 1.41%, Realty 1.38%, and TECK 1.04%. While Telecommunication up by 0.71% and Consumer Durables 0.16% were only gaining sectoral indices on BSE.

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Zomato Ltd: The stock ended 4.24% lower at Rs 64.30 on the BSE after the company informed the exchanges on Friday about the resignation of Mohit Gupta, co-founder at Zomato. He decided to move on from Zomato to seek other unknown adventures.

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Jindal Stainless Ltd: The stock ended 8.58% higher at Rs 180.90 on the BSE after NCLAT (National Company Law Appellate Tribunal) upheld the NCLT order to allow the company to participate in the auction of debt-ridden Rathi Super Steel even after a bidder was selected. The NCLAT stated that the NCLT ‘did not commit any error’ as sales were not completed and the object was to obtain the maximization of the assets.

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Indian Energy Exchange (IEX) Ltd: The stock ended nearly 5% higher at Rs 145.25 on the BSE after The power trading platform company said that its board of directors will meet on November 25 to decide on a share buyback proposal.

Archean Chemical Industries Pvt Ltd: Shares of the specialty chemical company ended over 12%% higher at Rs 457.95 on the BSE on the day of its debut on the stock exchanges on November 21. The issue price has been ascertained at Rs 407 per share.

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Five Star Business Finance Ltd: The non-banking finance company (NBFC) stocks ended over 3% higher at Rs 489.50 on the BSE in its first session on the exchanges on November 21. The issue price has been fixed at Rs 474 per share.

Bharat Electronics Ltd: The stock ended 1.26% lower at Rs 105.75 on the BSE. The Navratna defense PSU has signed a Joint Development Agreement with the Indian Institute of Technology Madras (IITM) for cooperation in the field of quantum science and technology.

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3i Infotech Ltd: The stock ended 1.55% higher at Rs 42.55 on the BSE after the company received a contract from Hindustan Petroleum Corporation Ltd (HPCL) for managing and supporting IT infrastructure at HPCL offices, refineries, and data centers pan-India. The total contract value is around Rs 51 crore spread across three years.