INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Over 10 stocks including Avenue Supermarts, GlaxoSmithKline Pharmaceuticals, Infosys and Intellect Design Arena hit 52-week highs
on NSE during Wednesday's trade.
As per PTI, Avenue Supermarts, the operator of retail chain D-Mart, closed Tuesday's trading session with
over Rs 1 lakh crore market capitalisation mark
MM Forgings, NRB Bearing, Page Industries, Quess Corp, RBL Bank and Tata Elxsi also appeared among stocks that touched 52-week highs on NSE
today.
Shares of Page Industries got traction after it said in a BSE filing on Tuesday that its license agreement with Jockey International
has been extended till 31 December 2040.
Equity markets were in the green as investors' optimism level was lifted by firm IIP data
Industrial production in India picked up pace in April, starting the new financial year on a stronger note, with all three major sectors -
manufacturing, mining and electricity - contributing to the recovery
Benchmark NSE Nifty50 index was up 27 points at 10,870, while the BSE Sensex was up 113 points at 35,805 around 10:55 am
An all-clear from the USFDA to Sun Pharmaceuticals' Halol plant in Gujarat drove the stock up 3 per cent on Wednesday
The clearance brought to an end a two-year import ban the US drug regulator had imposed on the plant over quality control issues
