The Sensex has once again slumped in trade with the benchmark index set to drop for the 4th straight trading session. Here are a few stocks that have dropped in trade today.
Shares in JP Associates rallied after investor Rakesh Jhunjhunwala's Rare Enterprises bought a stake in the company. J P Associates share were last trading at Rs 21, up 9.38 per cent over the previous day's close.
Shares in ITDC gained as much as 10 per cent on the back of heavy volumes. The shares were last trading at Rs 498, after rallying to as high as Rs 515, during the course of the day.
Gravita India, Dilip Buildcon and Graphite India were the other big gainers in trade.
Oil marketing companies take a hit
Oil marketing companies were taking a small hit with shares like BPCL, HPCL and Indian Oil losing 1-2 per cent. This was largely on the back of higher crude prices.
Meanwhile, the Sensex was down 180 points and was heading for the fourth straight day of losses.