Stock Market

Share market update: Market erases gains, but these stocks jump over 5%

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NEW DELHI: Even as equity market erased the early gains to trade flat, shares of GlaxoSmithKline Consumer Healthcare (up 6.79 per cent), Welspun Corp (up 5.65 per cent), Kajaria Ceramics (up 5.24 per cent) and Welspun India (up 5.07 per cent) were trading over 5 per cent higher on BSE in Thursday's session. Stocks such as Kwality (up 5 per cent), Dabur India (up 4.50 per cent), Centrum Capital (up 4.27 per cent), Nestle India (up 4.12 per cent) and Bombay Burmah (up 4.07 per cent) climbed up to 5 per cent. Equity benchmarks Sensex and Nifty came down from record highs on selling in bank, metal and auto stocks. The NSE Nifty index was trading 13 points down at 11,558, while the BSE Sensex was down 26 points at 38,260 around 10:40 am. In the Sensex index, 15 stocks were in the green and 16 in the red. Among the 50 stocks in the Nifty index, 24 were trading with gains, while 26 were incurring losses.

State Bank of India, ITC, Kotak Mahindra Bank, ICICI Bank and Tata Motors were the top drag on the Sensex index. HDFC, Reliance Industries, Infosys, Hindustan Unilever and Tata Consultancy Services were trading up in the Sensex kitty of stocks.




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Category: Stock Market


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