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Home Markets

Market Now: Check out the stocks that plunged up to 20%

by The Editor
February 16, 2018
in Markets
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Market Now: Check out the stocks that plunged up to 20%
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NEW DELHI: Shares of Gitanjali Gems (down 19.98 per cent), Agri-Tech (India) (down 9.98 per cent) and CKP Products (down 9.78 per cent) were the top losers in morning trade on Friday.

Shares of, Shekhawati Poly (down 7.69 per cent), Anik Industries (down 7.25 per cent), Ajooni Biotech (down 5.93 per cent), IZMO (down 5.50 per cent), Vipul (down 5.40 per cent), NALCO (down 5.39 per cent), Lakshmi Energy (down 5 per cent) and Antarctica (down 5 per cent) also joined the bandwagon of top laggards.

Equity markets turned cautious on selling in bank, metal, FMCG and auto stocks. Benchmark NSE Nifty50 index was 10 points up at 10,555, while the BSE Sensex was 31 points up at 34,328 around 10:45 am (IST).

Among the 50 stocks in the Nifty index, 21 were trading in the green, while 29 were in the red.

Ambuja Cements, Tata Consultancy Services, HCL Technologies, Infosys and Dr Reddy's Labs were among the top gainers in the Nifty pack of stocks.

However, YES Bank, Eicher Motors, State Bank of India, Axis Bank and Sun Pharma were among the top losers.

Original Article

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The Editor

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