Stock Market

NEW DELHI: Defying the positive market sentiment, shares of RattanIndia Power (down 7.69 per cent), Optiemus Infracom (down 5 per cent) and Kwality (down 4.94 per cent) plunged 5 per cent on NSE in Tuesday's session. Stocks such as Poly Medicure (down 4.79 per cent), Monnet Ispat and Energy (down 4.07 per cent), Nectar Lifesciences (down 4.01 per cent), DB Corp (down 4 per cent), RattanIndia Infrastructure (down 3.95 per cent), GTL Infrastructure (down 3.85 per cent) and HCC (down 3.77 per cent) declined 4 per cent.

Equity market benchmarks Sensex and Nifty hit fresh record highs on Tuesday in the wake of rising global stocks.

The NSE Nifty index was trading 38.95 points up at 11,730.9, while the BSE Sensex was up 128.08 points at 38,822.19 around 10:30 am. In the Nifty index, 31 stocks were in the green, while 19 were in the red.

Among the sectoral indices on NSE, bank and realty were incurring losses.

Bank of Baroda, YES Bank, Punjab National Bank, Axis Bank, State Bank of India and ICICI Bank featured among the losers.

NTPC, Hindalco Industries, Cipla, Tata Motors and Maruti Suzuki India were among the top gainers, while YES Bank, Titan Company, Hero MotoCorp and Bharti Infratel were among the top losers in the Nifty index.





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