NEW DELHI: Shares of RPG Life Sciences (down 5.67 per cent), Shriram EPC (down 4.88 per cent) and Johnson Controls-Hitachi Air Conditioning India (down 4.73 per cent) plunged up to 5 per cent on NSE in morning trade on Monday in an otherwise positive market.Shares of Info Edge (down 4.23 per cent), Godawari Power (down 3.76 per cent), Tata Teleservices (Maharashtra) (down 3.70 per cent), JK Cement (down 3.70 per cent), S P Apparels (down 3.67 per cent), Indiabulls Ventures (down 3.37 per cent) and Dalmia Bharat (down 3.31 per cent) too declined significantly.
Benchmark indices hit fresh record highs in early trade on Monday, lifted by buying in shares of ICICI Bank and Reliance Industries that came out with better-than-expected earnings last week.
The NSE Nifty index was trading 24 points up at 11,302, while the BSE Sensex was up 98 points at 37,435 around 09:55 am.In the Nifty pack, 27 stocks were in the green, while 23 stocks were in the red.
HPCL, State Bank of India, Vedanta, ONGC and ICICI Bank were among the top gainers in the Nifty index.Wipro, Kotak Mahindra Bank, Infosys, Bajaj Finance and HDFC Bank were among the top losers in the Nifty index.