Stock Market

Stock market update: Over 50 stocks hit 52-week highs on NSE

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NEW DELHI: Over 50 stocks, including Reliance Industries, Axis Bank, Aditya Birla Fashion and Retail, AstraZeneca Pharma India, Bajaj Finance and Birla Cable, touched 52-week highs on SNE in Monday's positive market. Dabur India, Divi's Laboratories, Glenmark Pharmaceuticals, GlaxoSmithKline Pharmaceuticals, Havells India, JSW Steel, Merck, Page Industries, Pfizer, RBL Bank, Sunteck Realty and VIP Industries also featured among stocks that hit 52-week highs on NSE.

Sensex and Nifty were trading higher amid positive global cues and healthy gains in banking, metal and FMCG stocks. The NSE Nifty index was trading 115 points up at 11,672, while the BSE Sensex was up 400 points at 38,652 around 12 pm. Barring Nifty Pharma and media, all sectoral indices were in the green on NSE.

Nifty PSU Bank index climbed over 2 per cent, leading among the sectoral indices on NSE.

Among the 50 stocks in the Nifty index, 45 were trading with gains and five were incurring losses. Hindalco, PowerGrid, ICICI Bank and State Bank of India were leading among Nifty scrips.

Sun Pharmaceutical Industries, Bharti Infratel, Eicher Motors, Zee Entertainment Enterprises and Cipla were among the losers in the Nifty index.




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Category: Stock Market


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