Share market update: These stocks defy positive market sentiment, plunge up to 5%

NEW DELHI: Shares of AU Small Finance Bank (down 6.45 per cent), Kiri Industries (down 4.99 per cent), Manpasand Beverages (down 4.99 per cent) and Vakrangee (down 4.92 per cent) plunged 5 per cent on NSE in morning trade on Monday, defying positive market mood.

Equity markets were in the green amid positive global cues.

Buying was observed across sectors, led by pharma, bank and auto.


Indian rupee also strengthened against the US dollar. At the time of writing this report, rupee was trading with a gain of 20 paise.

All sectors on the NSE were in the positive terrain.

The NSE Nifty index was trading 44 points up at 10,816, while the BSE Sensex was up 142 points at 35,800 around 10:20 am.

In the Nifty index, 41 stocks were trading with gains, while 9 were incurring losses.

Dr. Reddy's Laboratories, Axis Bank and HPCL were among the top gainers in the Nifty index.

On the other hand, Tata Consultancy Services, Titan Company and Ultratech Cement were among the top losers in the Nifty kitty.