Indian equity market plunged nearly 2 percent on Thursday as concerns over rising crude oil prices and steady fund outflows hampered risk appetite.

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Despite the sharp selloff, six stocks bucked the trend and traded in the green.

Bharti Infratel shares rose 2.21 percent, leading the pack of 6 gainers on the NSE frontline index. Trailing Bharti Infratel was the private sector lender Axis Bank, whose shares gained 1.63 percent.

L&T shares jumped 1.6 percent after the company's board gave its nod on Wednesday to buyback shares.

Private sector lender Yes Bank advanced 1.6 percent, continuing the recent uptrend.

Shares of Tata Motors gained 0.46 percent after brokerage firm Nomura maintained buy rating on the stock with a target price of Rs 356.

The last Nifty gainer was Hindustan Petroleum Corp, which was up 0.32 percent.

Among the 44 losers from the Nifty50 pack, Eicher Motors has fallen the most by 5.12 percent, followed by Reliance Industries and Tech Mahindra, losing 4.83 and 4.02 percent, respectively.

Other major losers were Hero MotoCorp, TCS, Hindustan Unilever, declining between 3.82 and 3.26 percent.

Equity indexes have extended losses with the Nifty50 plunging by more than 200 points, or 1.85 percent, to trade at 10,658 at 10.55 am. The Sensex also tanked by 631 points, or 1.75 percent, to trade at 35,345.

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First Published:Oct 4, 2018 11:14 AM IST