The BSE Sensex and NSE Nifty extended gains for the fourth consecutive trading session on Monday on account of buying in frontline blue chip counters taking cues from a strong opening in European markets. The sentiments were on firm note from the early trade after the Organisation for Economic Cooperation and Development (OECD) raised India’s growth forecast to 7.4 per cent compared to 7.3 per cent expansion projected in November 2015.  

Sensex closed 79.64 points, or 0.34 per cent, up at 23,788.79, while Nifty 50 index advanced 23.80 points to 7,234.55.

Below are 9 stocks which remained in limelight in Monday’s trade. 

Maruti Suzuki: Maruti Suzuki India, India’s biggest carmaker by sales, had suspended operations at its northern auto plants after protests disrupted the supply of some components. The company had stopped manufacturing at the Manesar and Gurgaon plants on Saturday. The factories produce a combined 5,000 vehicles daily. In a bid to meet current demand till the new plant in Gujarat goes on stream by January 2017, the company was planning to increase output from existing plants in Gurgaon and Manesar. Shares of Maruti Suzuki closed 1.61 per cent down at Rs 3,523.30.

ITC: ITC shares fell over 1 per cent on Monday on worries that the government may raise excise duties for ciagrettes in the upcoming Union Budget 2016 on February 29. 

Asian Paints: Asian Paints has informed BSE that the operations at the company’s paint plant situated at Rohtak, Haryana, have been shut down w.e.f. February 19, 2016, due to Jat agitation at IMT, Rohtak.

Aditya Birla Nuvo: Aditya Birla Nuvo Ltd (ABNL) on Friday announced formation of a joint venture with group firm Idea Cellular to set up a payments bank. The company jointly with Idea Cellular Ltd has incorporated a new subsidiary for the aforesaid purpose in the name and style of Aditye Birla Idea Payments Bank Ltd, Aditya Birla Nuvo Ltd (ABNL) said in a BSE filing. Shares of Aditya Birla Nuvo closed 0.74 per cent up at Rs 746.

IDBI Bank: State-owned IDBI Bank on Saturday said it plans to raise up to Rs 1,500 crore by selling stake to Life Insurance Corporation (LIC) by preferential issuance of shares to the insurer. The board has approved the proposal for preferential issue of capital to Life Insurance Corporation of India, aggregating up to Rs 1,500 crore (inclusive of premium amount) subject to Government of India’s approval, IDBI Bank said in a statement. Shares of IDBI Bank settled 3.65 per cent up at Rs 56.85.

Shree Cement: Shree Cement has emerged has the highest bidder for Limestone deposit at Village Karhi Chandi, District-Baloda Bazar- Bhatapara of Chhattisgarh having estimated reserve of 155 million tons spread over 242 hectares in an e-auction conducted by Government of Chhattisgarh. Shree Cement the leading cement manufacturing in North India was incorporated in the year 1978. Its cement plants are located at Beawar, Ras, Khushkhera, Jobner and Suratgarh in Rajasthan and Laksar (Roorkee) in Uttarakhand. Shares of Shree Cement closed 1.47 per cent up at Rs 10,809.

Divis Laboratories: Divis Laboratories on Friday post market hours informed bourses that the US health regulator has conducted a successful inspection of its Unit-2 facility at Visakhapatnam this month.

JK Tyre & Industries: The company has received an approval from Competition Commission of India (CCI) in relation to its proposed acquisition of Cavendish Industries. Earlier on September 12, 2015, JK Tyre and its subsidiary JK Asia Pacific Singapore, had signed a binding term sheet with Kesoram Industries (KIL) to acquire 100 per cent equity in Cavendish Industries for Rs 2,200 crore.

Bosch: Bosch shares gained over 3 per cent on Monday after UBS upgraded the stock to “buy” from “sell” citing over 40 per cent correction in stock price in the past one year was a reason for upgrade.