New Delhi, June 19 -- Shares of small-cap stock Indiabulls were locked in the 5% upper circuit at Rs.26.48 on Friday, June 19, marking a fresh 52-week high and extending gains for a sixth consecutive trading session.

The rally came even as broader equity markets witnessed significant selling pressure. Benchmark indices Sensex and Nifty 50 declined sharply after weakness in information technology stocks triggered a broad-based selloff following Accenture's decision to cut its revenue growth outlook. The Sensex plunged more than 900 points to slip below the 76,500 mark, while the Nifty 50 fell over 200 points to trade below 23,950. The correction followed a nearly 5% rally in benchmark indices over the previous five trading sessions.

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