Hammered by the brutal sell-off in the equity markets globally, Indian benchmark indices plunged more than 8 percent on Thursday, posting their biggest single-day fall in absolute terms for the second time in three sessions. The S&P BSE Sensex ended 2,919.26 points 8.18 percent lower at 32,778.14 while the Nifty tanked 868.25 points or 8.30 percent to close at 9,590.15. Here are the stocks that have defied the market meltdown and ended with gains on Thursday.
Tata Power: Shares of Tata Power ended 6.72 percent higher at Rs 40.50 as against the previous close of Rs 39.95 apiece on the BSE. The stock opened at Rs 36.45 on Thursday.
Lakshmi Vilas Bank: The stock rallied 4.88 percent to end at Rs 15.05 versus the opening of Rs 15.05 a previous close of Rs 14.35 on the BSE.
Tata Motors DVR: The shares closed with gains of 3.10 percent at Rs 44.85 on the BSE. It opened at 41.80 versus the previous close of Rs 43.50.
Himadri Speciality Chemical: The shares of the speciality chemical conglomerate gained 1.23 percent to end at Rs 41.05 as against the previous close of Rs 40.55 on the BSE.
CARE Ratings: The rating agency’s stock ended a little 0.86 percent higher at Rs 418 compared to opening at Rs 405 and the previous close of Rs 414.45.
ITD Cementation India: Shares of the construction engineering company also ended marginally higher at 47.95 after gaining 0.84 percent.
Sheela Foam: The stock ended 0.36 percent higher at Rs 1,546.20 on the BSE.