Stock Under Rs 50: FMCG Stock Jumps 4% Despite Massive Sell-Off In Equity Market; Key Details

Stock Under Rs 50: The shares FMCG company Elitecon International rose 4 per cent on buying interest despite massive decline in Indian equity market. The shares started the session in red at Rs 39.60 as compared to last day's closing of Rs 41.20. However, the company shares picked the gaining momentum on buying interest to hit an intraday high at Rs 43.25, up 4 per cent from last day's closing.

Meanwhile, key domestic equity indices were trading over a per cent lower amid broad-based selling. At the time of writing, Sensex was trading at 77,726.68, down 789.81points or 1.01 per cent. Nifty50 quoted at 24,190.50, down 187.60 points or 0.77 per cent.

This is a developing story..