Stock market update: These stocks defied positive market sentiment, plunged over 8%

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of Granules India (down 9.36 per cent), GE TD India (down 8.63 per cent) and Arihant Superstructures (down 8.08 per cent)
tanked over 8 per cent on NSE on Thursday, remaining immune to the rally in market. Stocks such as Oil India (down 7.32 per cent), Weizmann
Forex (down 7.23 per cent), Peninsula Land (down 6.81 per cent), Jet Airways (India) (down 6.68 per cent), Tata Motors (down 6.33 per cent)
and Bharat Forge (down 6.14 per cent) suffered losses of over 6 per cent. Domestic equity benchmarks Sensex and Nifty settled in the
positive zone on gains in IT, bank, financial, telecom, pharma and metal stocks amid mixed global cues. The Sensex surged 318 points, or
0.93 per cent, to finish at 34,663, while Nifty50 climbed 84 points, or 0.80 per cent to rest at 10,514. In the Nifty pack, 34 stocks
advanced and 16 declined, while in Sensex 24 remained in the green and 7 in the red. Barring Nifty Auto and realty, all sectors closed with
gains on Thursday, with Nifty IT at the top. Bharti Airtel, Tata Consultancy Services, Infosys, Axis Bank, Sun Pharmaceutical Industries,
Hindalco Industries and Tata Steel emerged as the top gainers in the Nifty index on Thursday. On the contrary, Tata Motors, GAIL, ONGC,
Grasim, HPCL and Bajaj Auto remained the top losers in the index.