Market Now: Over 100 stocks hit fresh 52-week highs
ETMarkets.com|
Nov 07, 2017, 11.32 AM IST
NEW DELHI: Defying the bearish market sentiment, over 100 stocks, including Arvind, Aurobindo Pharma, Bajaj Corp, Balkrishna Industries, Bharat Forge and Birla Corporation hit fresh 52-week highs on NSE in Tuesday's trade.
Stocks such as Cipla, Delta Corp, Electrosteel Steels, Hindustan Copper, Motherson Sumi Systems, NBCC (India), Rain Industries, Raymond, Tata Consultancy Services, Torrent Power and Wipro also hit fresh 52-week highs today.
On the other hand, Rajdarshan Industries, Cambridge Technology Enterprises, Jindal Cotex, RattanIndia Power, Stampede Capital and Strides Shasun were among those 13 stocks that hit fresh 52-week lows on NSE in Tuesday's trade so far.
Equity benchmarks were trading in the negative territory as investors booked profit in stocks across sectors.
Barring Nifty IT, all sectoral indices were trading in the red.
The Nifty50 index was 37 points down at 10,415, while the BSE Sensex was 116 points down at 33,615 around 11.25 am (IST).
Shares of HCL Tech, Infosys, Tech Mahindra, Tata Consultancy Services, Wipro, Zee Entertainment, IndusInd Bank, Kotak Mahindra Bank and Ambuja Cements were among top gainers in the Nifty50 index.
However, Indian Oil Corporation, Hindustan Petroleum Corporation, Reliance Industries, YES Bank, Bharat Petroleum Corporation, Indiabulls Housing Finance, Axis Bank, Bajaj Finance and UPL Ltd were among the top losers.
Stocks such as Cipla, Delta Corp, Electrosteel Steels, Hindustan Copper, Motherson Sumi Systems, NBCC (India), Rain Industries, Raymond, Tata Consultancy Services, Torrent Power and Wipro also hit fresh 52-week highs today.
On the other hand, Rajdarshan Industries, Cambridge Technology Enterprises, Jindal Cotex, RattanIndia Power, Stampede Capital and Strides Shasun were among those 13 stocks that hit fresh 52-week lows on NSE in Tuesday's trade so far.
Equity benchmarks were trading in the negative territory as investors booked profit in stocks across sectors.
Barring Nifty IT, all sectoral indices were trading in the red.
The Nifty50 index was 37 points down at 10,415, while the BSE Sensex was 116 points down at 33,615 around 11.25 am (IST).
Shares of HCL Tech, Infosys, Tech Mahindra, Tata Consultancy Services, Wipro, Zee Entertainment, IndusInd Bank, Kotak Mahindra Bank and Ambuja Cements were among top gainers in the Nifty50 index.
However, Indian Oil Corporation, Hindustan Petroleum Corporation, Reliance Industries, YES Bank, Bharat Petroleum Corporation, Indiabulls Housing Finance, Axis Bank, Bajaj Finance and UPL Ltd were among the top losers.
