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BPCL gained nearly 4% on petrol price hike. Hindustan Petroleum Corporation gained about 4.3%, while Indian Oil Corporation ended on a weak note.
Power Grid Corporation moved up sharply following the Ministry of Power seeking the approval of Cabinet Committee on Economic Affairs (CCEA) for the follow on public offer (FPO) of PGCIL of 78.70 crore equity shares of Rs 10 each consisting 17% of existing paid up capital.
Ranbaxy Laboratories plunged more than 30% after the US Food and Drug Administration issued an import alert against company's Mohali plant. According to reports, the FDA issued the alert on Friday, 13 September 2013. In May 2013, Ranbaxy Laboratories agreed to pay $500 million penalty to the US government to settle criminal and civil charges related to drug safety. Ranbaxy announced during trading hours on Monday that it has so far not received any communication from the USFDA against company's Mohali plant.
BHEL, HCL Technologies, Ultra Tech Cement, Sesa Goa, Lupin, Tata Consultancy Services, Grasim Industries, Tata Power, Jaiprakash Associates and Cipla lost 2% - 5%.
DLF, Reliance Industries, Reliance Infrastructure, Punjab National Bank, Coal India, Ambuja Cements, Infosys, NMDC, Tata Motors and Dr Reddy's Laboratories also closed weak.
The market breadth was slightly weak. Out of 2485 stocks traded on BSE, 1244 stocks declined. 1118 stocks moved up and 123 stocks ended flat.

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