Stock market update: Market turns cautious, but these stock trade higher

NEW DELHI: Shares of Kitex Garments (up 14.39 per cent), Capacit'e Infraprojects (up 10.72 per cent) and Orient Refract (up 9.74 per cent) were trading with strong gains even as market turned flat as caution crept in ahead of the RBI's policy meet outcome.

JK Paper (up 7.33 per cent), Jagran Prakashan (up 7.05 per cent), Patel Engineering (up 6.92 per cent), Nitco (up 5.94 per cent), Karur Vysya Bank (up 5.45 per cent) and IL&FS Transportation Networks (up 5.26 per cent) were trading over 5 per cent higher around the same time.

Market turned cautious ahead of the RBI's policy meet outcome.


Asian stocks were wobbly on reports that Trump administration may increase the tariff on $200 billion of imported Chinese goods from 10 per cent to 25 per cent.

The NSE Nifty index was trading flat at 11,359, while the BSE Sensex was down 30 points at 37,577 around 11:05 am.

HPCL, Indian Oil Corporation, Bajaj Finance, Bajaj Finserv and BPCL were among the top gainers in the Nifty index.

Eicher Motors, Indiabulls Housing Finance, Maruti Suzuki India, Tata Motors and Axis Bank were among the top losers in the Nifty index.