Top stocks that hogged limelight in today's trade

Extending gains for the third straight session, the domestic markets closed higher on Monday as Reliance Industries surged after posting a stronger-than-expected quarterly profit, while sentiment was supported after Chinese economic growth data eased fears of a hard landing.

The S&P BSE Sensex surged 150 points to close at 27,364.92 level, while broader CNX Nifty settled above its key support level of 8,250, up 36.90 at 8,275.05.  

Here are top stocks that remained in focus today:

1) Reliance Industries

RIL quarterly net profit rose 12.5% to a record Rs 6,700 crore beating street expectations, supported by gross refining margins (GRMs), which soared to a seven-year high of $10.6 for each barrel of crude processed.

2) HCL Tech

Shares of country's fourth-largest software services provider HCL Technologies pared losses and surged over 2 per cent in trade on Monday after the company reported 2.7 per cent drop in consolidated net profit at Rs 1,823 crore for the first quarter ended September 30, 2015. The company had posted a net profit of Rs 1,873 crore in the year-ago period, it said in a BSE filing.

The stock had hit an intraday low of Rs 818.40, down 2.72 per cent, on Bombay Stock Exchange, but it ended 1.88 per cent up at Rs 857.15.

3) LIC Housing Finance

Shares of LIC Housing Finance dropped 4 per cent in trade on Monday even as the managing director and CEO Sunita Sharma said the company sees a further decline in its bank borrowing to 11-12 per cent in the next few months from 15 per cent now. The stock closed the day 3.53 per cent lower at Rs 477.50 after hitting an intraday low of Rs 475.10, down 4.01 per cent on the Bombay Stock Exchange (BSE).

4) Welspun India

Shares of Welspun India, the largest exporter to the US home textile market and the third biggest manufacturer of such items, surged over 6 per cent in Monday's trade, as the company announced launching of an e-commerce portal for its US market and bullish revenue targets. The stock ended the day 5.37 per cent up at Rs 764.65.

5) Infosys

The IT giant has signed a definitive agreement to acquire Houston-based consulting firm Noah Consulting that provides advanced information management consulting services for the oil and gas industry for a consideration of $70 million. The stock ended the day 1.69 per cent up at Rs 1112.20.