New Delhi, Sept. 29 -- Azad Engineering share price jumped over 5% in Tuesday's trading session defying stock market sentiment. The stock opened at Rs.2,779 apiece on NSE today, as compared to previous close of Rs.2,723.20 on Monday and touched an intraday high of Rs.2,918.

Meanwhile, equity benchmark indices Sensex and Nifty fell sharply in early trade on Tuesday, dragged down by elevated crude oil prices amid uncertainty over the West Asia situation and continued foreign fund outflows. The 30-share BSE Sensex declined 503 points to 72,260.09, while the 50-share NSE Nifty fell 151 points to 22,626.50 in early trading.

The rally in the Azad Engineering shares came in after the company announced that it has inaugurated two exclusive Lean...