Bajaj Finance, ONGC Lead Gainers In Pre-Opening Session Today

In equity markets, Monday’s pre-open session saw Bajaj Finance rally 2.41% to ₹956, leading the Nifty gainers, followed by ONGC and Power Grid. On the flip side, Sun Pharma dropped 1.35%, with Adani Ports and Adani Enterprises also in the red. The Nifty 50 index itself inched up by 13.75 points to 24,732.35, up 0.06%, as the market prepared for a flat-to-positive start.

Top Pre-Open Gainers

Stock	Price (₹)	Change (₹)	% Change
Bajaj Finance	956	+22.5	+2.41%
ONGC	253.99	+2.48	+0.99%
Power Grid	287.95	+2.45	+0.86%
BEL	396.15	+1.95	+0.49%
UltraTech Cement	11270	+46	+0.41%

Bajaj Finance saw aggressive buying interest with 163,353 buy orders in the pre-open compared to 35,617 on the sell side, setting the Indicative Equilibrium Price (IEP) at ₹956.

ONGC also showed strength, settling at ₹253.99, up nearly 1%, backed by higher demand and 149,116 traded shares.

Top Pre-Open Losers

Stock	Price (₹)	Change (₹)	% Change
Sun Pharma	1665	-22.8	-1.35%
Adani Ports	1389	-16	-1.14%
Titan	3411	-10.9	-0.32%
Adani Ent	2500	-7.9	-0.32%
Bajaj Finserv	2005	-6	-0.30%

Sun Pharma led the laggards with a ₹22.8 fall, reflecting weak pre-market sentiment despite no specific catalyst. Adani Ports and Adani Enterprises followed suit with declines of over 0.3%, showing selling pressure across the infra-heavy stocks.

Sector Snapshot

• Banking stocks (HDFC Bank, ICICI Bank, SBI) opened marginally positive to flat, indicating cautious optimism.
• IT majors (Infosys, TCS, Wipro) were mixed, with slight losses indicating consolidation.
• Auto and FMCG players like Maruti and Hindustan Unilever remained flat to negative.

Market Breadth

Out of the Nifty pack:

• Advances: 20
• Declines: 27
• Unchanged: 3

Despite the positive headline Nifty number, breadth tilted toward decliners, suggesting sector-specific movement rather than a broad rally.

Outlook

With buying interest in financials and oil PSUs and pressure in pharma and infra, traders are likely to focus on stock-specific action. Macro cues, including global bond yields and crude oil volatility, will remain pivotal in the session ahead.

Disclaimer:  At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations