Sensex falls! These stocks are down 5% or more on BSE

Sensex falls! These stocks are down 5% or more on BSE
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Synopsis

In the Nifty pack, 10 stocks were trading in the green, while 40 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.
NEW DELHI: Several stocks plunged in excess of 5 per cent in Mumbai trading on Monday even as equity benchmark BSE Sensex traded 313.69 points down at 58331.13 amid brisk selling in frontline bluechip counters.

On the BSE, Disa India Ltd(down 15.67 per cent), Titaanium Ten Enterp(down 12.98 per cent), Jubilant Ind(down 11.91 per cent), Timex Group(down 11.53 per cent) and Deepak Spinners(down 11.19 per cent) were among the stocks that plunged over 5 per cent during the session.

In the Nifty pack, 10 stocks traded in the green, while 40 stocks traded in the red.

The Nifty index was trading 101.9 points down at 17414.4.

On the BSE, Ujjivan Financial, Jubilant Life, Lupin, Superior Finlease and MCX India hit their fresh 52-week lows, while Ugar Sugar Work, Mahalaxmi Rub, Starline Precious, Nahar Industrial and Jyoti Resins touched their fresh 52-week highs.

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