New Delhi, March 27 -- Blue Cloud Softech Solutions share price gained over a percent in early trade on Friday after the company announced receipt of a work order. The small-cap stock rose as much as 1.81% to Rs.20.20 apiece on the BSE. However, the stock succumbed the selling pressure later.

The rally in Blue Cloud Softech Solutions shares came despite broader weakness in the Indian stock market today. The frontline indices, Sensex and Nifty 50, slumped over 1.5% each, while the Nifty Smallcap 100 and the Nifty Midcap 100 indices dropped over 1.8% each.

The IT firm Blue Cloud Softech Solutions announced that it received a work order from the Office of the Commissioner of Police, Hyderabad City, for the supply, installation, and commiss...