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Nov 7, 2017, 10.45 PM IST

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Market Now: These stocks zoomed 20% defying bearish market sentiment

ETMarkets.com|
Updated: Nov 07, 2017, 01.28 PM IST
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IT stocks were leading the Nifty50 index.
IT stocks were leading the Nifty50 index.
NEW DELHI: Shares of Landmark Property Development (up 20 per cent), Tips Industries (up 20 per cent), Nagreeka Capital (up 20 per cent) and Jenson Nicholson (up 20 per cent) zoomed 20 per cent on NSE in afternoon trade on Tuesday, defying the bearish market stance.

Stocks such as Nakoda (up 16.67 per cent), Wheels India (up 16.51 per cent), Alphageo (India) (up 15.17 per cent), Sakuma Exports (up 14.90 per cent), Balmer Lawrie (up 13.53 per cent), PDS Multinational Fashions (up 12.41 per cent), MMTC (up 12.31 per cent) and Kitex Garments (up 12.13 per cent) surged over 12 per cent.

However, shares of LCC Infotech (down 14.29 per cent), Jayaswal Neco (down 10.41 per cent), Lupin (down 10 per cent) and Shekhawati Poly (down 10 per cent) cracked 10 per cent on NSE in Tuesday's trade.

Benchmark NSE Nifty50 index was 25 points down at 10,427, while the BSE Sensex was 97 points down at 33,634 around 12.50 pm (IST).

Among the 51 stocks in the Nifty50 index, 17 were trading in the green, while 33 were in the red.

Shares of HCL Tech, Tech Mahindra, Infosys, Tata Consultancy Services, Zee Entertainment, IndusInd Bank, Bharti Infratel and Wipro were the top gainers in the Nifty50 index.

On the other hand, Reliance Industries, YES Bank, Indian Oil Corporation, UPL, Indiabulls Housing Finance and State Bank of India were among the top losers.
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