These stocks surged up to 20% defying bearish market sentiment

NEW DELHI: Shares of Infibeam Incorporation (20.80 per cent), Aksh Optifibre (20 per cent), Harita Seating (20 per cent), Power Mech Projects (20 per cent) and SPML Infra (20 per cent) zoomed up to 20 per cent in Thursday's trade, even as benchmark indices remained dull.

Stocks such as Bhandari Hosiery (19.48 per cent), Sita Shree Food (19.32 per cent), Bansal Multiflex (17.36 per cent), IL&FS Engg Const (16.60 per cent), Divis Lab (15.96 per cent) and 8K Miles Soft (15.68 per cent) rallied over 15 per cent.

However, shares of BAG Films (down 11.57 per cent), Uttam Value Steels (down 10 per cent) and Shyam Century Ferrous (down 10 per cent) cracked 10 per cent on NSE in Thursday's trade.

The Nifty50 index was 10 points down at 10,431, while the BSE Sensex was trading flat at 33599 around 2.50 pm (IST).

In the Nifty50 pack, 22 stocks were in the green, while 27 stocks were in the red.

On the NSE, TV Vision, Arcotech Ltd, Shree Ganesh, Shyam Telecom, Stampede Cap, Alpha Geo Ind, SBI Life Insurance Company, Supreme Tex, HEC Infra Projects, Samtel Color and KSS hit their fresh 52-week lows.

Shares of Aurobindo Pharma, Lupin, Sun Pharma, Dr Reddy's Labs, Power Grid, HCL Tech were among top gainers in the Nifty50 index.

However, Tech Mahindra, Hindalco, Bharti Infratel, ITC, State Bank of India and Hero MotoCorp were the top losers.

On the NSE, 829 stocks were advancing, compared with 850 stocks declining and 297 stocks remaining unchanged.