Market Now: Sensex, Nifty flat; these stocks cracked up to 7%

NEW DELHI: Shares of Balkrishna Paper Mills (down 7.43 per cent), PBA Infrastructure (down 6.29 per cent), California Software Company (down 4.99 per cent), Bombay Rayon Fashions (down 4.97 per cent) and Parenteral Drugs (India) (down 4.50 per cent) cracked up to 7 per cent on NSE in morning trade on Monday, reflecting the bearish mood of the market.

On the other hand, Arihant Foundations & Housing (down 4.47 per cent), BLB (down 4.40 per cent), ANG Industries (down 4.40 per cent), Paramount Communications (down 4.34 per cent) and HB Stockholdings (down 4.30 per cent) declined over 4 per cent.

Benchmark NSE Nifty50 index was trading flat at 10,531, while the BSE Sensex was 22 points up at 34,079 around 10.10 am (IST).


Among the 50 stocks in the Nifty50 index, 23 were trading in the green, while 27 were in the red.

Shares of Steel Authority of India (SAIL), Ashok Leyland, Punjab National Bank, Idea Cellular, NHPC and Bank of Baroda were among the most traded stocks on NSE.

In the Nifty index, Indiabulls Housing Finance, Sun Pharmaceutical Industries, Aurobindo Pharma, ITC, Dr. Reddy's Laboratories and Cipla were trading among the gainers.

On the other hand, Bharti Infratel, Vedanta, Tata Consultancy Services, Hindalco Industries, Hindustan Unilever and Bajaj Auto were trading among the top losers.