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

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

In the Nifty50 index, 15 stocks closed in the green, while 34 stocks ended 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.
NEW DELHI: Several stocks rallied as much as 15% in Mumbai trading on Thursday 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, Vardhman Hold(20.0%), Garment Mantra Life(19.99%), Sadhana Nitro(19.98%), ARSS Infra(19.97%), Tranway Technologies(19.92%), Phyto Chem(19.89%), Zee Learn(19.88%), CSL Finance (19.81%), Compuage Infocom(19.71%) and Sprayking Agro Equip(19.57%).

The 30-share BSE Sensex ended 621.31 points down at 59601.84, while the 50-share index, NSE closed 179.35 points down at 17745.9.

In the Nifty50 index, 15 stocks closed in the green, while 34 stocks ended in the red.

Meanwhile, stocks such as Sadhana Nitro, CSL Finance, Compuage Infocom, Nahar Capital and Quint Digital Media hit their fresh 52-week high, while Policy Bazaar, Janus Corporation, Valiant Comm, Arman Holdings and PayTM touched their new 52-week low in today's trade.

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