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Market Now: These stocks zoom up to 14% in a bearish market

NEW DELHI: Shares of Nakoda (up 14.29 per cent), Teamlease S..

NEW DELHI: Shares of Nakoda (up 14.29 per cent), Teamlease Services (up 11.84 per cent) and FCS Software Solutions (up 11.11 per cent) zoomed up to 14 per cent on NSE during Wednesday's trade, defying the bearish market sentiment.

Stocks such as GSS Infotech (up 7.39 per cent), FDC (up 7.81 per cent), Agri-Tech (India) (up 6.98 per cent), Bang Overseas (up 5.28 per cent) and Uniphos Enterprises (up 5.12 per cent) climbed over 5 per cent on NSE.

Equity benchmarks were in the red on heavy selling in banking, metal and power stocks amid sustained selling by domestic institutional investors.

The NSE Nifty index was trading 45 points down at 10,205, while the BSE Sensex was down 119 points at 33,199 around 11 am (IST).

Among the 50 stocks in the Nifty50 index, 16 were trading in the green, while 34 were in red.

Tata Motors, HCL Technologies, ITC, Dr. Reddy's Laboratories and Cipla were among the top gainers in the Nifty index, while Indiabulls Housing Finance, State Bank of India, ICICI Bank, Adani Ports & Special Economic Zone and Mahindra & Mahindra were among the top losers.

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