The ongoing quarterly earnings will be the major factor driving market trends going ahead and benchmark indices may face volatility this week amid derivatives expiry, analysts said. Markets will also track global equities for further direction, they added.

The stock quoted a 52-week high price of Rs 606.0 and a 52-week low of Rs 346.0.

The Relative Strength Index of the stock stood at 29.85 on Monday.

"This is a moment of reckoning probably for all the people who entered markets for the first time post the Covid lockdown and who have seen only good things up until now."

Bharti Airtel chief Sunil Mittal said the company will opt for the four-year moratorium on spectrum and AGR payments, which will help it conserve a cash outgo of Rs 35,000-40,000 crore that would be used for network and other capital expansion programmes.

A total of 134,505 shares changed hands on the counter till 12:35PM (IST)

As of 30-Sep-2021, promoters held 39.73 per cent stake in the company, while FIIs held 15.74 per cent and domestic institutional investors had 2.58 per cent.

HDFC Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 139747.85 Crore) operating in Financial Services sector.

The Nifty Auto index was trading 1.02 per cent down at 11317.55.

Promoters held 60.51 per cent stake in the company as of 30-Sep-2021, while FII and DII ownership stood at 11.22 per cent and 1.15 per cent, respectively.