Market Now: Sensex, Nifty trade up; these stocks surge up to 25%

NEW DELHI: Shares of KSS (up 25 per cent), Nakoda (up 25 per cent) and Lokesh Machines (up 20 per cent) surged up to 25 per cent on NSE during the early trade on Monday, reflecting the positive mood of broader markets.

Stocks such as GKW (up 17.18 per cent), Goldiam International (up 16.72 per cent) and Panoramic Universal (up 13.55 per cent) jumped over 13 per cent.

Equity benchmarks opened in the green amid positive global cues. Sensex rose almost 230 points, while Nifty reclaimed 10,700.


However, selling in oil and metal counters cooled off bourses a bit.

The Nifty50 index was 48 points up at 10,740, while the BSE Sensex was 154 points up at 35,123 around 9:55 am (IST).

Among the 51 components in the Nifty index, 37 shares were trading in the green, while 13 were in the red.

Lupin, HCL Tech, YES Bank, Tata Consultancy Services and Mahindra & Mahindra were among the top gainers in the Nifty index.

However, Axis Bank, Reliance Industries, UPL, BPCL and GAIL were among the top losers in the Nifty pack of stocks.