The Economic Times daily newspaper is available online now.

    Stock market update: These stocks jump up to 4% in a weak market

    Synopsis

    Sensex and Nifty were listless amid weak global cues on rising concerns of a global trade war.

    Stock market update: These stocks jump up to 4% in a weak marketThinkStock Photos
    ICICI Bank, Tata Motors and Mahindra & Mahindra were leading among Sensex gainers.
    NEW DELHI: Bucking the negative trend, shares of Strides Shasun (up 4.20 per cent), MMTC (up 4 per cent), Bajaj Holdings and Investmen (up 3.81 per cent), Mphasis (up 3.65 per cent), HPCL (up 3.58 per cent), Idea Cellular (up 3.30 per cent) and Siemens (up 3.45 per cent) jumped up to 4 per cent on BSE during Monday's trade.

    Sensex and Nifty were listless amid weak global cues on rising concerns of a global trade war.

    As per PTI, investor sentiment turned weak after US President Donald Trump on Friday slapped a 25 per cent tariff on USD 50 billion worth of Chinese goods, as he accused Beijing of intellectual property theft and unfair trade practices, triggering a full-fledged trade war between the world's two largest economies.

    Around 10:25 am, the Nifty50 and Sensex were flat at 10,815 and 35,624, respectively.

    In the Nifty pack of stocks 25 stocks were in the green, while 25 were in the red.

    In the Sensex kitty, 17 stocks were advancing and 14 were declining in trade.

    ICICI Bank, Tata Motors and Mahindra & Mahindra were leading among Sensex gainers.

    On the other hand, Vedanta was trading as the top loser in the Sensex index, falling over 3 per cent.

    Shares of the metal & mining sector giant cracked even as it was added to the benchmark Sensex with effect from June 18.



    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more


    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

    Stories you might be interested in