Market Now: These stocks zoomed up to 20% in a cautious market

NEW DELHI: Shares of Greenearth Resources (20 per cent), Brand Concepts (20 per cent) and Akash Infra-Projects (19.83 per cent) zoomed up to 20 per cent in morning trade on Wednesday defying the cautious market sentiment.

Shares of Pradip Overseas (19.30 per cent), Excel Crop Care (13.62 per cent), Infinite Computer Solutions (India) (11.77 per cent), Raj Rayon (11.11 per cent), Pochiraju Industries (9.93 per cent) and Welspun India (9.33 per cent) also figured among the top gainers.

Equity market benchmarks Nifty50 and Sensex registered a positive opening today, with Sensex hitting a fresh record high of 34,566.


However, caution crept into the market soon after and a fresh spell of selling was observed in bank and auto stocks.

The NSE Nifty50 index was trading 2 points up at 10,639, while the BSE Sensex was 18 points up at 34,461 around 10:05 am (IST).

In the Nifty 50 index, Coal India, Adani Ports SEZ, Hindalco, ONGC, Vedanta and Bharti Airtel were among the top gainers.

However, Asian Paints, Eicher Motors, Bajaj Finance, Ambuja Cements, Indiabulls Housing Finance and YES Bank were among the top losers.

In the Nifty50 pack, 21 stocks were trading up, while 29 were trading down.