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Stock market update: These stocks zoomed up to 20% despite weak market sentiment

NEW DELHI: Shares of Merck (up 20 per cent), Jindal Poly Fil..

NEW DELHI: Shares of Merck (up 20 per cent), Jindal Poly Films (up 19.99 per cent) and Nava Bharat Ventures (up 19.99 per cent) zoomed up to 20 per cent in an otherwise weak market, emerging among the top gainers of Wednesday's session.

Crisil (up 12.76 per cent), Bodal Chemicals (up 10.46 per cent), MSP Steel & Power (up 9.87 per cent) and Reliance Communications (up 9.72 per cent) also stood among the top gainers.

Indian equity benchmarks extended losses to the second day on Wednesday on losses in bank, financial, capital goods, pharma, oil & gas and auto stocks.

Market sentiment was hit by weak global cues due to a lingering political crisis in Italy and renewed trade war fears between the US and China.

Moreover, investors turned to profit-booking ahead of the May month derivatives expiry tomorrow.

The Sensex slipped 43 points, or 0.12 per cent on Wednesday, settling at 34,906 with 11 stocks advancing and 20 declining.

The Nifty50 fell 19 points, or 0.18 per cent, ending the day at 10,614, with 18 stocks in the green and 32 in the red.

Mahindra & Mahindra, Bajaj Finance, Coal India, YES Bank, Bajaj Finserv and Kotak Mahindra Bank emerged as the top gainers in the Nifty index on Wednesday.

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