Markets

Market Now: These stocks zoom up to 20% despite rangebound trading

NEW DELHI: Shares of N. B. I. Industrial Finance Company, Essar Shipping, Diligent Media Corporation, ECE Industries, Kothari Products, Xpro India, Nahar Capital and Financial Services, BSEL Infrastructure Realty and PVP Ventures zoomed up to 20 per cent on NSE in Tuesday's trade.

Domestic equity benchmarks Nifty50 and Sensex reflected bearish temperament after hitting fresh record highs.

The Nifty50 index was trading flat at 10,491, while the BSE Sensex was 17 points down at 33,923 around 1 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, 22 were trading in the green, while 28 were in the red.

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