Agarwal said the global economy is showing clear signs of recovery. The second wave of Covid-19 is ebbing in India with total active cases at less than 20 per cent of May highs.

NEW DELHI: Shares of ONGC, Future Enterprises (DVR), Excel Ind, Hindalco and SEL Manufact, hit their fresh 52-week highs during Monday's trade on NSE.

Benchmark NSE Nifty closed 382.2 points down at 15863.15 amid selling in frontline bluechip counters.

However, stocks such as JK Cement, Nelcast, IndiaMART, Indigo Paints Ltd. and Spicejet, touched their fresh 52-week lows.

Overall, 10 shares ended in the green in Nifty50 index, while 40 closed in the red.

In the Nifty 50 index, ONGC, Hindalco, Coal India Ltd, Bharti Airtel and UPL were among top gainers during the day, while IndusInd Bank, Axis Bank, Maruti Suzuki, Britannia and Bajaj Finance ended in the red.

The BSE Sensex closed 1491.06 points down at 52842.75.

Traders piled up positions in Telecommunications, Mining, Metals - Non Ferrous, Gas & Petroleum and Sugar sectors, while selling was witnessed in Industrial Consumables, Construction, IT Enabled Services, Electric/Electronics and Airlines sectors during the day.

Pick the best companies to invest

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

...more

Pick the best stocks for yourself

Stock market update: Stocks that hit 52-week highs on NSE in today's trade

ONGC, Future Enterprises (DVR), Excel Ind, Hindalco and SEL Manufact, hit their fresh 52-week highs during the day.