Market Now: These stocks defy bearish market sentiment, surge up to 15% on NSE
Best Advisory Company
Best Advisory Company
Remaining immune to the prevailing bearish market mood, shares of PC Jeweller (up 15.11 per cent), Future Market Networks (up 14.88 per cent) and Hercules Hoists NSE 13.25 % (up 12.73 per cent) surged up to 15 per cent on NSE during the early trade on Friday.
Shares of Welspun Investments and Commercials (up 10 per cent) and RattanIndia Infrastructure (up 10 per cent) climbed 10 per cent on NSE.
However, shares of Hexaware NSE -11.93 % (down 8.70 per cent), Alankit (down 7.97 per cent) and Bil Energy Systems NSE -7.69 % (down 7.69 per cent) cracked up to 8 per cent on NSE.
Key equity indices were trading in the red following weak global cues due to little hope of the US and China reaching a resolution at the negotiating table on their trade dispute. The US-China trade talk entered the second day on Friday.
IT, metal, auto and pharma counters were experiencing the heat of selling.
The NSE Nifty index was trading 39 points down at 10,640, while the BSE Sensex was down 115 points at 34,988 around 10:05 am (IST).
Among the 50 stocks in the Nifty50 pack, 18 were trading in the green, while 32 were in the red.
Adani Ports & Special Economic Zone, Bharti Airtel, ONGC, Hindustan Unilever NSE 0.31 % and Bajaj Finance NSE 0.72 % were among the top gainers in the Nifty index.
On the other hand, Asian Paints NSE -1.75 %, Wipro, Infosys, Sun Pharma and Hindalco Industries NSE -1.45 % were among the top losers in the Nifty pack of stocks.
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