The BSE Mid-cap index shed 2.7% (158 points) at 5,806, and the Small-cap index dropped 3.8% (272 points) to 6,950.
The BSE Bankex rallied 3.3% (249 points) to 7,744.
The NSE Nifty gained 36 points to finish at 4,610.
The market breadth was extremely negative - out of 2,717 stocks traded, 2,149 declined, 535 advanced and 33 were unchanged on Monday.
HDFC zoomed 7.7% (Rs 171) to Rs 2,384. Wipro soared nearly 6% to Rs 399.
HDFC Bank rallied 5.3% to Rs 1,337, and ICICI Bank surged 5% to Rs 805.
Hindustan Unilever advanced 4.3% to Rs 235. ACC gained 3.8% at Rs 805, and Larsen & Toubro has added 3.5% to Rs 2,937.
Bharti Airtel gained 3% at Rs 801. SBI moved up 2.7% to Rs 1,646.
Reliance and ITC were up nearly 2% each at Rs 2,201 and Rs 191, respectively.
Tata Motors, Ambuja Cements and TCS were the other major gainers at Rs 662, Rs 124 and Rs 823, respectively.
And the shakers
Tata Steel slumped 7% to Rs 592.
Reliance Energy plunged 4.6% to Rs 1,151, and DLF shed 4% at Rs 598.
Jaiprakash Associates slipped nearly 2% to Rs 200, and Maruti declined 1.3% to Rs 812.
|Satra Properties||79.05||18.6||S. Kumars Nationwide||83.70||26.7|
|International Conveyors||171.25||17.3||IOL Netcom||155.65||20.0|
|DS Kulkarni||156.00||16.9||Champagne India||443.55||20.0|
|Dabur Pharma||56.55||15.8||Indus Fila||90.25||20.0|
|Modern Steel||22.05||15.8||Gokak Textiles||80.65||20.0|
|(Close = Stock pirce at the end of day in Rs)|
Most active counters
Reliance topped the value chart with a turnover of Rs 202 crore followed by GSS America (Rs 198.80 crore), Reliance Natural Resources (Rs 190 crore), Reliance Capital (Rs 179.70 crore) and ICICI Bank (Rs 166 crore).
Reliance Natural Resources led the volume chart with trades of around 1.96 crore shares followed by Ispat Industries (1.07 crore), Essar Oil (86 lakh), Reliance Petroleum (86 lakh) and IFCI (75.40 lakh).