New Delhi, Sept. 30 -- Firstsource Solutions' share price surged almost 9%, with volume nearly 2 times higher, in early deals on the BSE on Wednesday, 30 September, in an otherwise cautious market amid rising US bond yields and elevated oil prices. Firstsource Solutions shares opened at Rs.248.35 against their previous close of Rs.249.55 and jumped as much as 8.6% to rise to an intraday high of Rs.270.90. The stock, however, pared gains and traded 3% higher at Rs.257.20 around 9:35 am. The equity benchmark Sensex was up 0.16% to 72,645 at that time.

The stock looks set to snap its five-day losing streak on the BSE.

Year-to-date, the stock is down 23% compared to a 15% fall in the Sensex. However, on a shorter timeframe of the last six m...