Sensex rises! But these stocks are down 5% or more on BSE

In the Nifty pack, 39 stocks were trading in the green, while 11 stocks were trading 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 plunged in excess of 5 per cent in Mumbai trading on Wednesday even as equity benchmark BSE Sensex traded 544.18 points up at 73014.48 amid brisk buying in frontline bluechip counters.

On the BSE, Jetmall Spices(down 12.67 per cent), Polymac Thermoform(down 10.76 per cent), City Crops Agro(down 10.05 per cent), Konndor Industries(down 10.00 per cent) and Goldcoin Health Fds.(down 9.80 per cent) were among the stocks that plunged over 5 per cent during the session.

In the Nifty pack, 39 stocks traded in the green, while 11 stocks traded in the red.


The Nifty index was trading 162.25 points up at 22166.95.

On the BSE, Spectrum Foods, Unistar Multi, Popular Vehicles, Archit Organo and BGR Energy hit their fresh 52-week lows, while Lakshmi Machine, Onelife Capital, Arvind SmartSpaces, ABB India and Torrent Power touched their fresh 52-week highs.
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