DSIJ Mindshare

Market Movers: These three stocks rallied amid weak market sentiment
Shreya Banthia
/ Categories: Trending, Mindshare

Market Movers: These three stocks rallied amid weak market sentiment

GRSE, Just Dial and OnMobile Global were the top gainers in Group A.

As markets continue to trade in weakness, the benchmark indices S&P BSE Sensex closed below by 0.7 per cent or 388 points at 58576.37 while the Nifty50 at 17530.30, shedding 145 points or 0.8 per cent. 

The weak sentiment was witnessed across all sectors. S&P BSE Midcap saw much volatility closing 1.5 per cent lower at 25037.71 while BSE Smallcap closed at 29441.67 at a loss of 1.47 per cent. 

  However, GRSE, Just Dial and OnMobile Global witnessed positive action in today’s session.  

  Garden Reach Shipbuilders & Engineers zoomed 13.75 per cent in today’s session and closed at Rs 307.65. The stock logged an intra-day high and low of Rs 319 and Rs 263.10. At Rs 319, the shipbuilding company logged its fresh 52-week high. Cumulatively, since Monday, the stock has rallied 21.9 per cent on the bourses. In addition to its ship and warship building capabilities, the Kolkata based company is engaged in engineering and engine production activities 

  Just Dial rocketed 9.27 per cent in today’s session to emerge as the second-biggest gainer in Group A. The stock logged its intra-day high and low at Rs 896 and Rs 798. Justdial is the market leader in local search engine segment in India. The company provides local search-related services to users across India on multiple platforms offering including App (Android, iOS), mobile website, desktop /PC, voice and text.  

  OnMobile Global gained 9.28 per cent in today’s session and closed at Rs 166.55. The stock logged its intra-day high and low in today’s session at Rs 170.90 and Rs 146.10, respectively. The global leader in Ringback Tones has been buzzing for some time while hitting an upper circuit of 20 per cent in a day’s session last week. The scrip has surged 34 per cent in the last one week.

Previous Article Closing Bell: Sensex slips below 58,600, Nifty tanks below 17,550; broader market tumbles too
Next Article When is the ideal time to exit your mutual fund?
Print
533 Rate this article:
5.0
Please login or register to post comments.
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR