New Delhi, Sept. 24 -- Elitecon International share price hit 5% upper circuit in Thursday's trading session despite downward rally in the Indian stock market. The stock opened at Rs.9.35 apiece today, as compared to previous close of Rs.9.14 on Wednesday and touched an intraday high of Rs.9.59 on 24 September.

Elitecon International shares extended their upward momentum for the fifth consecutive session on Thursday. The stock hit the upper circuit for the second straight day.

Meanwhile, Indian benchmark indices opened sharply lower as investors reacted to the US 10-year Treasury yield climbing above 5.10%. Both Sensex and Nifty began the session with a gap-down opening, with the Sensex dropping more than 500 points and the Nifty slippi...