why is sensex falling today: Sensex tanks! But these stocks are up 10%

NEW DELHI: Domestic equity indices, BSE Sensex and NSE Nifty, were trading in the red on Monday on account of selling in frontline bluechip counters.

Shares of United Drilling ( 17.11 per cent) , Rasi Electrodes ( 16.14 per cent) , Ajanta Soya ( 12.44 per cent) , Gallantt Ispat ( 12.02 per cent) , NIIT ( 11.43 per cent) , Mahaan Foods ( 10.00 per cent) , Arfin India ( 9.98 per cent) , United Credit ( 9.89 per cent) , A Infrastructure ( 9.77 per cent) and Polymech Machine ( 8.78 per cent) rallied over 10 per cent.

The 30-share Sensex was trading 1396.34 points down at 48633.49, while the 50-share Nifty index was 394.3 points down at 14473.05.

In the Nifty 50 index, 5 stocks were trading in green, while 45 stocks were in the red.

Stocks such as Dr Lal Pathlabs, Happiest Minds, AGC Networks, Adani Transmission, Adani Gas, SAIL, Infosys, Adani Ent., Atul and JSW Steel hit their fresh 52-week high in today’s trade.

However, Heranba Industries, Ortin Laboratories, Dhani Ibull Ventures (PP) and Indian Railway Finance Corporation touched their new 52-week low in trade.

Source Link