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    Sensex rises! But these stocks fell 5% or more in Monday's session

    Synopsis

    In the Nifty pack, 34 stocks closed in the green, while 16 stocks ended in the red.

    NiftyGetty Images
    Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
    NEW DELHI: Several stocks plunged in excess of 5 per cent in Mumbai trading on Monday even as equity benchmark BSE Sensex traded 234.0 points up at 61963.68 amid brisk buying in frontline bluechip counters.

    On the BSE, Shree Precoated(down 19.96 per cent), Superior Finlease(down 19.57 per cent), Gland Pharma(down 16.56 per cent), Sangam Renewables(down 15.60 per cent) and SDC Techmedia(down 15.00 per cent) stood among the top losers in today's trade.

    In the Nifty pack, 34 stocks closed in the green, while 16 stocks ended in the red.

    The index closed 111.0 points up at 18314.4.

    On the BSE, Superior Finlease, Gland Pharma, Chandni Machines, Cineline India and Balaji Amines hit their fresh 52-week lows, while Sheetal Diamond, Kokuyo Camlin, Nilkamal Ltd, VRL Logistics and Kaynes Technology In touched their fresh 52-week highs in today's trade.



    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

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    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

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