Small-cap stock under Rs.50: IT share jumps 14% despite volatility in Sensex, Nifty 50
New Delhi, Oct. 7 -- IT company Blue Cloud Softech Solutions share price surged as much as 13.64% in Wednesday's trading session despite volatility in the Indian stock market.
Blue Cloud Softech Solutions shares opened at Rs.20.35 per share on NSE, as compared to previous close of Rs.20.01 on Tuesday and touched an intraday high of Rs.22.87 on 7 October.
Meanwhile, Indian stock markets recovered from their session lows on Wednesday, October 7, after the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) unanimously raised the repo rate by 25 basis points to 5.50%, from 5.25% earlier.
The Sensex rebounded nearly 450 points, or 0.6%, from its intraday low to hit a high of 72,969.57. Similarly, the Nifty 50 recovered 123 points...
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