Stock Market

NEW DELHI: Shares of Nakoda and Uttam Value Steels surged up to 33.33 per cent in morning trade on Thursday, remaining immune to the bearish market sentiment. Stocks such as FCS Software (up 20 per cent), Manali Petrochemicals (up 19.97 per cent), Manaksia (up 16.79 per cent) and Shekhawati Poly-Yarn (up 16.67 per cent) jumped up to 20 per cent. Future Enterprises (up 14.64 per cent), Panoramic Universal (up 12.31 per cent) rose over 12 per cent.

After registering a positive opening, equity benchmarks Nifty and Sensex slipped in the red amid mixed Asian cues. Uninspiring earnings and political jitters too weighed on market sentiment. The NSE Nifty index was trading 20 points down at 10,721, while the BSE Sensex was down 62 points at 35,326 around 10:05 am. Metal, oil gas, pharma and IT stocks were experiencing the heat of selling.

Among the 50 stocks in the Nifty50 pack, 20 were trading in the green, while 30 were in the red.

Coal India, Bharti Infratel and Titan Company were among the top gainers, while Hindalco Industries, Cipla and BPCL were among the top losers in the Nifty index.





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