Stock market update: Stocks that hit 52-week highs on NSE

Stock market update: Stocks that hit 52-week highs on NSE
ETMarkets.com
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HLV Ltd., HPL Electric Power, Axita Cotton, Salasar Techno Engg and Hindustan Foods, hit their fresh 52-week highs at 10:04AM.

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Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
NEW DELHI: Shares of HLV Ltd., , , and , hit their fresh 52-week highs at 10:04AM(IST)on NSE.

Benchmark NSE Nifty index rose 75.6 points to 18833.95 amid buying in frontline bluechip stocks.

However, stocks such as Luxuries Ltd., , , and , touched their fresh 52-week low.

Overall, 27 shares traded in the green in Nifty50 index, while 22 traded in the red.

In the Nifty 50 index, , , TCS, and were among top gainers, while , , HUL, UPL and ITC traded in the red.

The BSE Sensex was trading 278.44 points up at 63378.09 at 10:04AM(IST).

Traders were seen piling up positions in Telecommunications, Cables, Rubber, Agro Processing and Metals - Non Ferrous sectors, while selling was visible in Services, NBFC, IT Enabled Services, Learning & Education and Miscellaneous sectors.

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