Market Now: These stocks surge up to 8% despite weak market sentiment

NEW DELHI: Shares of G M Breweries (up 8.17 per cent), Triveni Engineering & Industries (up 7.09 per cent) and Capri Global Capital (up 6.94 per cent) surged up to 8 per cent on NSE in morning trade on Monday even as market sentiment was negative.

Balrampur Chini (up 5.46 per cent) and Tata Chemicals (5.32 per cent) surged over 5 per cent.

Equity markets were cautious even as Asian peers were in the green amid easing trade war worries between the US and China.

A surge in oil prices and falling rupee dealt a blow to market sentiment.

Auto, FMCG, pharma and realty stocks were under pressure.

The NSE Nifty index was trading 5 points down at 10,591, while the BSE Sensex was up 2 points at 34,851 around 10 am.

In the Nifty index, 17 stocks were trading up, while 33 were down.

TCS, ICICI Bank, UltraTech Cement, ONGC, SBI, Larsen & Toubro, Bharti Infratel and Bharti Airtel were among top Nifty gainers.

However, Sun Pharma, Maruti Suzuki, Hero MotoCorp, Zee Entertainment, Bajaj Finance, Dr. Reddy's Labs, Hindalco Industries and Indiabulls Housing Finance were among top losers in the Nifty index.