Sensex: Market Now: These stocks surge up to 20% despite dull market

NEW DELHI: Shares of Lypsa Gems & Jewellery (up 20 per cent), MIRC Electronics (up 20 per cent), Ador Welding (up 19.99 per cent) and Bharati Defence and Infrastructure (up 19.55 per cent) zoomed up to 20 per cent in Friday’s’s trade.

Stocks such as PSL Limited (up 18.99 per cent), BSL Limited (up 17.61 per cent), Shekhawati Poly-Yarn (up 16.67 per cent), Graphite India (up 15.69 per cent) and BF Investment (up 15.65 per cent) surged over 15 per cent.

Benchmark indices continued trading in the negative zone as selling in metal, pharma, oil & gas and bank stocks weighed on.

Vedanta, Hindalco, Dr Reddy’s, Sun Pharma, Indian Oil Corporation, Bharat Petroleum, IndusInd Bank and YES Bank remained among the laggards.

However, Oil & Natural Gas Corporation, Bharti Infratel and Coal India continued their upward streak.

Nearly 50 stocks, including Anik Industries, Graphite India, Britannia Industries, HEG Ltd, Bhagyanagar Ind, Salona Cotspin, CIL Nova Petro, HFCL, Bajaj Electricals and Tinplate hit their fresh 52-week highs on NSE in Friday’s trade even as benchmark indices traded in the negative zone amid weak Asian cues.

Benchmark Nifty50 index was 33 points down at 10,053, while the 30-share Sensex was 56 points down at 32,185 around 1.50 pm (IST).

In the Nifty50 pack, 13 stocks were trading in the green, while 38 stocks were in red.

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