Markets

Stock market update: These stocks crack over 5% in a lacklustre market

NEW DELHI: Shares of Mirza International (down 7.28 per cent), Caplin Point Laboratories (down 5.97 per cent) and Trident (down 5.37 per cent) cracked over 5 per cent on NSE in morning trade on Wednesday in a lacklustre trade.

Stocks such as Optiemus Infracom (down 4.99 per cent), Butterfly Gandhimathi Appliances (down 4.99 per cent), Manpasand Beverages (down 4.98 per cent), Adani Green Energy (down 4.95 per cent), Parag Milk Foods (down 4.58 per cent), Jaiprakash Power Ventures (down 4.55 per cent) and Avanti Feeds (down 4.33 per cent) declined up to 5 per cent.

Market was lacklustre despite broadly positive global cues. Nikkei and Hang Seng were up by half-a-percent, but Shanghai SE Composite Index was in the red.

Gain in Reliance Industries, HDFC Bank, Asian Paints and State Bank of India were offset by losses in Infosys, ICICI Bank, HDFC, Axis Bank and Maruti.

Equity benchmarks Nifty and Sensex were trading flat at 11,389 and 37,665, respectively around 9:45 am.

In the Nifty index, 25 stocks were advancing, while 25 were declining.

Hindalco Industries, Zee Entertainment Enterprises, Bajaj Finance, Bajaj Finserv and Tech Mahindra were leading among Nifty scrips.

However, BPCL, ICICI Bank, HPCL, HCL Technologies and Wipro were among the top losers in the Nifty pack of stocks.

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