Shares of Cochin Shipyard and Mazagon Dock Shipbuilders jumped more than 9% each to hit their fresh 52-week high of ₹408.40 and ₹457.50, respectively, in intraday trade on BSE on September 16.
Stocks of port & port services such as VMS Industries and Starlog Enterprises rose up to 4%. On the flip side, shares of Gujarat Pipavav Port and Adani Ports fell up to a percent.
The overall market sentiment was weak as the BSE Sensex fell over a percent with an across-the-board selling. The Sensex opened 348 points lower at 59,585.72 and fell 779 points lower to 59,154.73 in intraday trade so far. Shares of Reliance Industries, Infosys, TCS, HDFC twins and Mahindra & Mahindra were among the top drags on the Sensex index.
Technology stocks were reeling under pressure. The BSE IT and Teck indices fell more than 2% each with shares of Infosys, TCS, Tech Mahindra, HCL Tech, Wipro, Larsen & Toubro Infotech and Mindtree among the top laggards.
