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    Sensex falls! But these stocks rallied over 15% on BSE in today's trade

    Synopsis

    In the Nifty50 index, 18 stocks closed in the green, while 32 stocks ended in the red.

    Stock-market-4---istockAgencies
    Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.

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    NEW DELHI: Several stocks rallied as much as 15% in Mumbai trading on Wednesday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the red amid brisk selling in frontline bluechip counters.

    Stocks that surged in excess of 15% included, Madhusudan Ind(20.0%), Gujarat Hy-Spin(19.97%), Modern Steels(19.33%) and Liberty Shoes(15.92%).

    The 30-share BSE Sensex ended 509.24 points down at 56598.28, while the 50-share index, NSE closed 148.8 points down at 16858.6.

    In the Nifty50 index, 18 stocks closed in the green, while 32 stocks ended in the red.

    Meanwhile, stocks such as Gujarat Hy-Spin, Liberty Shoes, EP Biocomposites Ltd., Frontier Spring and Sanghvi Brands hit their fresh 52-week high, while Sportking India, MEP Infrastructure, Systematix Corp, Marsons Ltd and Dhanvarsha Finvest touched their new 52-week low 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 .)

    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


    (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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