NEW DELHI: Shares of Uttam Value Steels, Viceroy Hotels and Raj Rayon Industries plunged up to 25 per cent on NSE on Tuesday, emerging as the top losers on NSE.
It was followed by Shekhawati Poly-Yarn and MVL, each falling 14.29 per cent.
Shares of PTC India Financial Services (9.74 per cent), Avadh Sugar & Energy (9.72 per cent), Adani Transmission (9.57 per cent), S Chand And Company (8.99 per cent) and Neueon Towers (8.93 per cent) tanked up to 10 per cent.
In a highly volatile session on Tuesday, Indian benchmarks erased early gains of over 1 per cent to settle in the red zone, as likelihood of Congress-JD(S) alliance forming government in Karnataka hit investor sentiment in later half of the day.
The BSE Sensex finished day's trading 13 points, or 0.04 per cent, down at 35,544, with 14 stocks advancing and 17 declining.
Nifty50, however, managed to hold the psychologically 10,800-mark. The index slipped just 5 points or 0.04 per cent to settle at 10,802.
On the contrary, Tata Motors, State Bank of India, Coal India and Indiabulls Housing Finance remained the top Nifty losers.
As many as 22 stocks hit 52-week highs, whereas 214 stocks hit 52-week lows on NSE on Tuesday.