Home Market Market Now: These stocks cracked over 5% in a lacklustre trade

Market Now: These stocks cracked over 5% in a lacklustre trade


NEW DELHI: Shares of DPSC, Zylog Systems, Manaksia Coated Metals & Industries and Panoramic Universal cracked over 5 per cent on NSE in Tuesday's trade, reflecting the bearish market sentiment.

Stocks such as, Zenith Exports, Bombay Rayon Fashions, Sreeleathers, STI India, Gujarat Raffia Industries and NK Industries plunged up to 5 per cent in Tuesday's trade.

Equity benchmarks Nifty50 and Sensex were trading rangebound after hitting fresh record highs in the early session.

The Nifty50 index was trading 10 points down at 10,483, while the BSE Sensex was 42 points down at 33,899 around 1.20 pm (IST).

However, over 150 stocks, including Binani Industries, Dilip Buildcon, DLF, GAIL (India), Greenlam Industries and The Grob Tea Company hit fresh 52-week highs on NSE in Tuesday's trade, defying the prevailing pessimism in market.

Shares of Steel Authority of India (SAIL), NHPC, DLF, Oil and Natural Gas Corporation, Tata Power, Punjab National Bank, Bharat Heavy Electricals, Ashok Leyland, Vedanta, YES Bank, Idea Cellular and NMDC were among the most traded stocks on NSE.

In the Nifty 50 index, Bharti Airtel, YES Bank, Bosch, Ambuja Cements, Vedanta Ltd, Asian Paints, Cipla, GAIL, Bajaj Auto, Bharti Infratel, Sun Pharma and Tata Steel were among the top gainers.

However, Mahindra & Mahindra, Hero MotoCorp, NTPC, Tech Mahindra, Hindustan Unilever, State Bank of India, Wipro, Coal India, HDFC Bank, Power Grid Corporation, Eicher Motors and ICICI Bank were among the top losers.

Out of 50 stocks in the Nifty50 index, 24 were trading in the green, while 26 were in the red.

Original Article

The post Market Now: These stocks cracked over 5% in a lacklustre trade appeared first on News Wire Now.


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