INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Despite positive market sentiment, over 40 stocks, including Bafna Pharmaceuticals, Alchemist, AYM Syntex, Bombay Rayon Fashions
and D B Realty, hit 52-week lows on NSE in Monday's session.
Energy Development Company, ILFS Transportation Networks, Jaiprakash
Associates, Jaypee Infratech, Metalyst Forgings, Nesco, SPML Infra, TD Power Systems and Vishnu Chemicals also featured among stocks that
touched 52-week lows 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
Losses in shares of Aurobindo Pharma, Sun Pharma, Glenmark Pharmaceuticals, Cipla and Cadila Healthcare dragged the Nifty Pharma index
down.
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
