Equity benchmark indices clocked modest gains on Monday led by index heavyweights HDFC and ITC. The BSE Sensex, rose 112.78 points or 0.33% at 34,305.43. The Nifty-50 index was up 47.80 points or 0.46% at 10,528.40. The indices advanced for the eight successive days ahead of the release of first forecast for 2018 monsoon rains by IMD. 

Shares of Cipla, Grasim Industries and UPL Ltd rallied up to 5%, while shares of Tata Motors were down 4.96 percent and Infosys ended with a loss of 3 percent. 

Shares of Kotak Mahindra Bank ended about 2% at Rs 1,174 on Closing. The bank topped a market capitalization of Rs 2,23,732.67 crore on the day’s high price and Rs 2,22,970.40 crore on the basis of the closing price of Rs on BSE. On the other hand, SBI commands Aa M-Cap of Rs 2,22,489.97 crore. 

Closing Bell Gainers on NSE: Cipla (+5.32%), Grasim Industries (+2.90%), Hero MotoCorp (+2.18%). On the other hand, losers were Tata Motors (-4.78%), Infyosis (-3.15%), Wipro (-1.675%).