New Delhi, April 23 -- Small-cap fashion stock Nandani Creation jumped 9% in Thursday's trading session despite the stock market crash. The small-cap stock opened at Rs.31.60 apiece today, as compared to the previous close of Rs.31.57 on Wednesday.

At the same time, the Indian stock market extended its sharp decline to a second straight session today. During intraday trade, the 30-share Sensex tumbled over 850 points, or more than 1%, while the Nifty 50 also slid about 1%, hitting a low of 24,135 for the day.

The stock rally came after Nanadani Creation announced that its women's ethnic brand Jaipur Kurti has partnered with Reliance Fashion Factory (formerly known as Brand Factory).

According to the press release dated 23 April, the pa...