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Market now: 15 stocks that bucked market plunge, rallied up to 20%

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Rising concerns over escalation in global trade conflict pulled down domestic benchmark equity indices by over 1 per cent on Monday.

The BSE Sensex was down 454 points at 37,636.53 while the Nifty 50 dropped to 11,383.20, plunging 132 points. Shares of Bajaj Hindusthan Sugar (up 20 per cent), Uttam Sugar (up 20 per cent), Dhampur Sugar (up 19.98 per cent), Magadh Sugar Energy (up 19.96 per cent), Avadh Sugar Energy Ltd.

(up 19.90 per cent), Dwarikesh Sugar (up 19.88 per cent), Dalmia Bharat (up 18.51 per cent), Ugar Sugar Work (up 18.40 per cent), Ponni Sugars (up 18.00 per cent), Sakthi Sugars (up 17.30 per cent), Dynemic Product (up 16.81 per cent), Shree Renuka Sugar (up 16.55 per cent), Mawana Sugars (up 16.47 per cent), Triveni Engg (up 13.14 per cent) and KCP Sugar (up 13.00 per cent) rallied up to 20 per cent in morning deals.

On the Nifty index, stocks such as Wipro (up 1.30 per cent), Dr Reddy's Labs (up 1.09 per cent), Tech Mahindra (up 0.99 per cent), Lupin (up 0.93 per cent), HCL Tech (up 0.82 per cent), BPCL (up 0.68 per cent), Indian Oil Corp (up 0.55 per cent), Cipla (up 0.54 per cent), Eicher Motors (up 0.46 per cent), HPCL (up 0.38 per cent), Sun Pharma (up 0.14 per cent) and GAIL (up 0.04 per cent) were in the green.

On the other hand, Indiabulls Housing Finance, UltraTech, Titan, Tata Motors and Bajaj Finance were down by up to 2 per cent.




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Category: Stock Market


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