Stock market update: Market treads up, but these stocks crack up to 6%

NEW DELHI: Shares of Intrasoft Technologies (down 5.97 per cent), JBF Industries (down 4.95 per cent) and Kwality (down 4.89 per cent) cracked up to 6 per cent on NSE during early trade on Tuesday in an otherwise positive market.

Caplin Point (down 4.38 per cent), HMT (down 4.23 per cent), GSPL (down 2.50 per cent), Precision Wires (down 2.50 per cent), Kaya (down 2.46 per cent), Gallantt Ispat (down 2.37 per cent) and BEML (down 2.32 per cent) slipped over 2 per cent.

Equity markets were in the green as investors looked forward to release of key macroeconomic data due today amid a firming trend in Asia.


Buying was observed in most sectors, with pharma and IT leading. Metal stocks, however, were under pressure at that time.

The NSE Nifty index was trading 31 points up at 10,818, while the BSE Sensex was up 110 points at 35,593 around 10:10 am.

In the Nifty index, 36 stocks were up and 14 were down.

Lupin, Dr. Reddy's Laboratories, Cipla, Sun Pharma and Wipro were among the top gainers in the Nifty index.

On the other hand, Tata Steel, Hindalco Industries, UPL, Bharti Airtel and Coal India were among the top losers in the Nifty pack of stocks.