Market Now: These stocks zoom over 20% amid bullish trade

NEW DELHI: Shares of Raj Rayon Industries (up 25 per cent), Shekhawati Poly-Yarn (up 25 per cent) and LIC Mutual Fund (up 20.67 per cent) zoomed over 20 per cent in Friday's trade, reflecting the bullish stance of markets.

Stocks such as Vardhman Holdings (up 20 per cent), Gujarat Apollo Industries (up 19.99 per cent), GeeCee Ventures (up 19.99 per cent) and E-Land Apparel (up 19.94 per cent) surged up to 20 per cent.

In the Nifty pack, Dr Reddy's (up 8.37 per cent), Bajaj Auto (up 3.17 per cent), Hindalco (up 2.75 per cent), Asian Paints (up 2.73 per cent), Aurobindo Pharma (up 2.54 per cent) and Kotak Mahindra Bank (up 2.05 per cent) registered decent gains.

Benchmark indices stayed firm, extending the gains for the third consecutive session.

Positive Asian cues gave an impetus to investors who were seen creating new positions following the beginning of the September futures and options (F&O) series.

All sectoral indices, barring IT were gaining on NSE.

Benchmark Nifty50 index was 52 points up at 9,970, while the 30-share Sensex was 165 points up at 31,895 around 1.40 pm (IST).

In the Nifty50 pack, 39 stocks were trading in green, while 12 stocks were in red.

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