Sensex falls! But these stocks are up over 15% on BSE

In the Nifty50 index, 29 stocks were trading in the green, while 21 stocks were in the red.

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Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
NEW DELHI: Several stocks gained in excess of 15% in Mumbai trading on Monday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the amid brisk in frontline bluechip counters.

Choksi Imaging(up 19.99%), IO System Ltd(up 19.96%), Pudumjee Paper Prod(up 18.15%), BN Rathi Sec(up 17.24%) and Nelco Ltd(up 16.08%) were among the stocks that surged over 15%.

The 30-share index, BSE was trading 113.25 points down at 79689.54, while the 50-share index, NSE was 8.6 points at 24122.5.


In the Nifty50 index, 29 stocks traded in the green, while 21 stocks were in the red.

Stocks such as Choksi Imaging, Pudumjee Paper Prod, BN Rathi Sec, Shree Pushkar Chem and Kilpest India hit their fresh 52-week high, while Mahalaxmi Fabric Mil, Alliance Int., Mudunuru, Coffee Day Ent and Trijal Inds. touched their new 52-week low during the session.

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