Stock market update: Over 30 stocks hit 52-week lows in a bullish market

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Even as domestic equity market was in the higher terrain, over 30 stocks, including Amtek Auto, Byke Hospitality, Centum
Electronics and Symphony, hit 52-week lows on NSE in Friday's session. Videocon Industries, Vardhman Textiles, Zodiac Clothing Company,
Intrasoft Technologies, Jocil, Jaypee Infratech,Jaypee Infratech and Premier Explosives also featured among stocks that toched 52-week
lows. On the other hand, over 30 stocks, including ITC, Infosys, Sun Pharmaceutical Industries, Balkrishna Industries and Berger Paints, hit
52-week highs on NSE in Friday's session. Equity market returned to positive zone after Thursday's losses amid positive global cues after US
and China agreed to hold talks later this month on trade-related disputes. Benchmark NSE Nifty50 index was up 89 points up at 11,474, while
the BSE Sensex was up 302 points at 37,966. ITC, Reliance Industries, ICICI Bank, Kotak Mahindra Bank and HDFC Bank were among the key
drivers of the rally in the market
Among the 50 stocks in the Nifty index, 42 were trading in the green, while 8 were in the red
Grasim Industries, Lupin, Tata Steel, Kotak Mahindra Bank and Vedanta were among the top gainers, while GAIL (India), Bharti Airtel, ONGC,
Power Grid Corporation of India and Wipro were among the top losers in the Nifty index.