Stock Market

Stock market update: Sensex, Nifty lacklustre, but these stocks surge on NSE

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NEW DELHI: Defying the cautious mood of domestic equity market, shares of Redington (up 9.06 per cent) and Dredging Corporation of India (up 7.93 per cent) jumped up to 9 per cent on NSE in Tuesday's session. Shares of India Tourism (up 5.61 per cent), N R Agarwal Industries (up 5.29 per cent) and Fertilisers and Chemicals Travancore (up 5.19 per cent) were trading over 5 per cent higher at the same time.

A stronger rupee pushed benchmark stock indices Sensex and Nifty higher on Tuesday, but the indices could not hold on to the gains amid the absence of directional cues from other Asian markets.

The NSE Nifty index was trading 8 points down at 11,430, while the BSE Sensex was down 19 points at 37,903 around 09:50 am. Among the 50 stocks in the Nifty index, 25 were in the green and 25 in the red. Axis Bank, Infosys, Sun Pharma, Mahindra Mahindra and Asian Paints were leading among Nifty scrips. ITC, Titan Company, Bharti Infratel, Hero MotoCorp and Hindustan Unilever were among the top losers in the Nifty index.




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Category: Stock Market


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