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Market Now: Sensex, Nifty down; these stocks crack over 10%

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NEW DELHI: Shares of Raj Rayon (down 20 per cent), Samtel Color (down 14.29 per cent), MVL (down 14.29 per cent) and Career Point (down 12.25 per cent) cracked over 10 per cent on NSE in morning trade on Thursday. Stocks such as Smartlink Holdings (down 9.43 per cent), Pratibha Industries (down 8.42 per cent), Country Condos (down 8.33 per cent) and SRS (down 6.67 per cent) declined over 6 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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