Bajaj Finance, Sun Pharma and Tech Mahindra were among the top gainers in the Nifty index.
NEW DELHI: Shares of PNB Housing Finance (up 8.64 per cent) and KEC InternationalNSE 5.34 % (up 6.06 per cent) were trading over 5 per cent higher in morning trade on Monday.
HDFC and Kotak Mahindra Bank are competing for a controlling stake in PNB Housing Finance as they aim to gain wider coverage in a mortgage market, ET reported.
Shares of Vedanta (3.43 per cent), UltraTech Cement (2.27 per cent) and Bajaj Finance (2.01 per cent) were also witnessing decent traction.
Equity benchmarks were down owing to profit-booking amid mixed Asian cues on worries over a US-China trade war.
Losses in ITC, ICICI Bank, Tata MotorsNSE -6.04 %, Axis BankNSE -1.99 % and State Bank of India weighed on bourses.
The NSE Nifty index was trading 18 points down at 10,804, while the BSE Sensex was down 62 points at 35,628 around 10:20 am.
In the Nifty index, 21 stocks were up, while 29 were down.
Bajaj Finance, Sun Pharma and Tech Mahindra were among the top gainers in the Nifty index.[“Source-economictimes”]