Stock market update: Sensex, Nifty tread higher, but these stocks plunge over 5%

NEW DELHI: While the equity markets were reflecting bullish mood, shares of Hathway Cable (down 8.03 per cent), Den Networks (down 6.22 per cent) and Au Small Finance Bank (down 5.26 per cent) plunged over 5 per cent on NSE during Friday's trade.

Kiri Industries (down 5 per cent), Manpasand Beverages (down 4.99 per cent), Vakrangee (down 4.95 per cent), G M Breweries (down 4.84 per cent) and GTPL Hathway (down 4.24 per cent) cracked up to 5 per cent on NSE.

Equity markets were trading in the positive territory on fresh buying in energy, auto, capital goods, metal and oil & gas, while US tariffs on Chinese imports took effect.


US tariffs on $34 billion in Chinese imports took effect as a deadline passed on Friday, Reuters reported.

The NSE Nifty index was trading 59 points up at 10,809, while the BSE Sensex was up 192 points at 35,766 around 11:20 am.

In the Nifty index, 33 stocks were trading with gains, while 17 were incurring losses.

Tata Motors, Hero MotoCorp, HPCL, Bajaj Auto and Hindalco Industries were among the top gainers in the Nifty index.

On the contrary, Zee Entertainment Enterprises, Tech Mahindra, Wipro, NTPC and Bharti Infratel were among the top losers in the Nifty pack of stocks.