New Delhi, April 15 -- Small-cap stock Elitecon International hit the 5% upper circuit in Wednesday's trading session following a sharp surge in the Indian stock market. The small-cap stock opened at Rs.39.11 today, as compared to the previous close of Rs.38.57 and touched an intraday high of Rs.40.49.

The Indian stock market traded with strong gains on Wednesday. The Sensex surged 1,133.53 points, or 1.48%, to start at 77,981.10, while the Nifty 50 opened 321.15 points, or 1.35% higher at 24,163.80 amid hopes of a second round of US-Iran truce talks.

According to the data available on BSE, around 9.86 lakh shares of Elitecon International changed hands on Wednesday. It is to be noted that there were no fundamental triggers behind today...