Markets

Market Now: Sensex, Nifty up, but these stocks plunge over 5%

NEW DELHI: Shares of Sujana Universal Industries (down 6.67 per cent), Bhushan Steel (down 5.62 per cent) and Bil Energy Systems (down 5.26 per cent) plunged over 5 per cent on NSE in morning trade on Friday, while equity markets were trading in the positive zone.

Shares of Cinevista (down 5 per cent), Shah Alloys (down 5 per cent), Adhunik Industries (down 4.98 per cent), Peria Karamalai Tea & Produce Company (down 4.98 per cent) and Pincon Spirit (down 4.98 per cent) declined up to 5 per cent on NSE.

Equity benchmarks were in the green, backed by gains in pharma, IT, FMCG and auto stocks. Participants turned to buying after worries over global trade war eased.

The NSE Nifty index was trading 45 points up at 10,287, while the BSE Sensex was up 138 points at 33,489 around 10:35 am (IST).

Among the 50 stocks in the Nifty50 index, 37 were in the green, while 13 were in the red.

Aurobindo Pharma, Bharti Infratel, Hero MotoCorp, Tech Mahindra and Bajaj Finance were trading among the top gainers in the Nifty index, while Tata Steel, State Bank of India, NTPC, YES Bank and Axis Bank were trading among the top losers in the index.

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