Sensex falls! But these stocks rallied over 15% on BSE in today's trade

In the Nifty50 index, 27 stocks closed in the green, while 23 stocks ended in the red.

By ETMarkets.com | Sep 07, 2022, 04.56 PM IST

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 rallied as much as 15% in Mumbai trading on Wednesday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the red amid brisk selling in frontline bluechip counters.

Stocks that surged in excess of 15% included, Filtra Consultants &(20.0%), Nyssa Corporation (20.0%), Igarashi Motors(19.99%), ShriBajrangAlliance(19.99%), Brandbucket Media & Technology Ltd.(19.99%), Gretex Corporate Services Ltd.(19.99%), Insilco Ltd(19.98%), USG Tech(19.97%), IM+ Capitals(19.96%) and Enterprise Intnl(19.95%).

The 30-share BSE Sensex ended 168.08 points down at 59028.91, while the 50-share index, NSE closed 31.2 points down at 17624.4.

In the Nifty50 index, 27 stocks closed in the green, while 23 stocks ended in the red.

Meanwhile, stocks such as Filtra Consultants &, Gretex Corporate Services Ltd., Insilco Ltd, Ddev Plastiks Industries Ltd. and Bharat Wire Ropes hit their fresh 52-week high, while Gennex Labs(PP), Rhetan TMT Ltd., Mehai Technology, A F Enterprises and Naturo Indiabull Ltd. touched their new 52-week low in today's trade.

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