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    Sensex rises! But these stocks are down 5% or more on BSE

    Synopsis

    In the Nifty pack, 24 stocks were trading in the green, while 26 stocks were trading in the red.

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    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.

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    NEW DELHI: Several stocks plunged in excess of 5 per cent in Mumbai trading on Tuesday even as equity benchmark BSE Sensex traded 175.84 points up at 62306.41 amid brisk buying in frontline bluechip counters.

    On the BSE, Siddha Ventures Ltd.(down 13.88 per cent), Cerebra Integrat(down 9.70 per cent), Veer Global Infracon(down 9.33 per cent), Mohite Industries (down 7.68 per cent) and Captain Pipes(down 7.41 per cent) were among the stocks that plunged over 5 per cent during the session.

    In the Nifty pack, 24 stocks traded in the green, while 26 stocks traded in the red.

    The Nifty index was trading 37.9 points up at 18535.05.

    On the BSE, Cerebra Integrat, Sintex Inds., Laurus Labs, Systematix Corp and Srestha Finvest hit their fresh 52-week lows, while Promax Power Ltd., Dhanlaxmi Bank, Jyoti Ltd, Punjab Sind Bank and Kokuyo Camlin touched their fresh 52-week highs.



    (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

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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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