IT stock below Rs 50 hits upper circuit in weak market, firm recently signed agreement with SpaceX
Mumbai: Shares of Blue Cloud Softech Solutions are in action today even as market benchmark indices Sensex and Nifty tumbled in early trade as crude oil prices crossed the USD 100 per barrel mark amid escalating geopolitical tensions in West Asia. The 30-share BSE Sensex tumbled 681.83 points or 0.89 per cent to 75,709.56, and the 50-share NSE Nifty declined 187.45 points or 0.79 per cent to 23,682.15 at the time of writing the report. Amid this weakness, shares of the company surged 5 per cent to hit an upper circuit of Rs 20.66. The stock began the trading session…