Stock market update: These stocks defy bearish mood of market, jump over 12%

NEW DELHI: Defying the bearish mood of domestic equity market, shares of IL&FS Transportation Networks (up 16.30 per cent), Dewan Housing Finance Corporation (DHFL) (up 15.92 per cent) and Swan Energy (up 12.33 per cent) jumped over 12 per cent on NSE in Monday's session.

Stocks such as Infibeam Avenues (up 9.22 per cent), 3i Infotech (up 8.45 per cent), ITD Cementation (up 8.29 per cent), Astron Paper & Board Mill (up 6.21 per cent) and GMR Infra (up 6.17 per cent) were trading over 6 per cent higher at the same time.

Market extended its losing streak to Monday's session as rupee's fall and rising crude oil prices weighed on sentiment.


The NSE Nifty index was trading 49 points down at 11,094, while the BSE Sensex was down 139 points at 36,703 around 10:40 am.

Among the 50 stocks in the Nifty index, 22 stocks in the green and 28 stocks in the red.

Vedanta, Tech Mahindra, Coal India, ONGC and Infosys were among the top gainers in the Nifty index.

On the other hand, Indiabulls Housing Finance, Bajaj Finance, HDFC, Eicher Motors and Mahindra & Mahindra were among the top losers in the Nifty pack of stocks.