Major losers on Monday included Coal India, Reliance Industries, Tata Steel, Hero MotoCorp and Tata Motors.
Buying was also seen in private lenders, with ICICI Bank trading 3.03 per cent higher and Axis Bank 0.83 per cent up.
Analysts are bullish on this stock despite the massive upmove and suggest buying D-Mart's shares for a long term perspective.
Motilal Oswal has initiated coverage on Delta Corp with a buy for target price of Rs 229 per share.
Shares of Dr Reddy's Laboratories slumped as much as 5.12 per cent today to hit fresh 52-week low of Rs 2,602.
Deven Choksey, MD of KR Choksey Securities, is optimistic that D-Mart will be able to sustain profit growth in the future.
HCL Tech's board approved a repurchase of up to 35 million shares at Rs 1,000 each, the company said in a stock exchange filing.
The stock plunged to a low of Rs 92 following unconfirmed reports the deal may value the stock at much lower than the current market price.
Shares of radio operator Music Broadcast were today listed at 26 per cent at Rs 420 to its issue price of Rs 333 on the stock exchanges.
The inter-se transfers of shares have not resulted in any change in overall promoter group shareholding in Reliance Industries Ltd (RIL).
The total traded shares were about Rs 51,000 crore till mid session, much higher than the average trade value of the stock.
The proposed inter-se transfers will not result in any change in promoter group shareholding of 45.24 per cent in RIL.
The shares were sold at an average price of Rs 107.32, valuing the transaction at Rs 1,287.84 crore, the data showed.
Idea shares have surged nearly 47 per cent since the two sides confirmed merger talks on January 30.
At NSE, shares of the company gained 7.27 per cent to touch a one-year high of Rs 460.75.
Reacting to the exclusion, the scrip of Idea tumbled 5.74 per cent to Rs 101.65 while that of BHEL went lower by 2.47 per cent to Rs 149.55 on NSE.
Shares of drug maker Cadila Healthcare staged a swift rally (surging 18.4 per cent to hit high of Rs 424) and came in high demand in afternoon deals.
In yesterday's session, the stock fell as much as 10.42 per cent to hit intraday low of Rs 107.80.