Market Now: Sensex rises 150 pts, these stocks zoom up to 20%

NEW DELHI: Shares of Kanani Industries (up 19.91 per cent), ICSA (India) (up 19.64 per cent), Venus Remedies (up 17.13 per cent) and Nakoda (up 16.67 per cent) zoomed up to 20 per cent on NSE in Monday's trade.

Other stocks such as Sujana Metal (up 13.51 per cent), ADF Foods (up 13.44 per cent), Celestial Biolabs (up 11.74 per cent), Nicco Corporation (up 10 per cent) and MVL (up 10 per cent) surged more than 10 per cent.

The domestic equity market remained positive, backed by bank, metal, IT and auto stocks.

However, pharma and FMCG stocks were reeling under selling pressure.

Dr. Reddy's Laboratories (down 3.23 per cent) was the top loser, taking its losing streak to a third consecutive session.

The company, on Thursday, had reported a 53.21 per cent year-on-year fall in consolidated net profit at Rs 59.10 crore for the June quarter.

State Bank of India (up 3.56 per cent) was trading as the top gainer after it cut savings rate.

Benchmark Nifty50 index was 35 points up at 10,049, while the 30-share Sensex was 150 points up at 32,459 around 1.15 pm (IST).

In the Nifty50 pack, 29 stocks were trading in green, while 22 stocks were in red.

On BSE, 1,323 stocks were advancing whereas 1,199 stocks were lagging.

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