Stock Market

Stock market update: RIL, Bajaj Finance, HDFC Bank, HUL hit 52-week highs

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NEW DELHI: Over 20 stocks including Reliance Industries (RIL), Berger Paints (India), Bajaj Finance, Borosil Glass Works and HDFC Bank hit 52-week highs on NSE during Thursday's trade. HEG, Hindustan Unilever (HUL), Jubilant Foodworks, Kotak Mahindra Bank, KPIT Technologies, Mphasis, Procter Gamble Hygiene and Health Care, Responsive Industries and Trent also featured among stocks that touched 52-week highs on NSE. Equity markets were up amid positive Asian cues, while a fresh fall in global crude oil prices and an improvement in Indian rupee against the US dollar also influenced the sentiment. Investors were on a buying spree ahead of the release of industrial growth (IIP) data for May and retail inflation (CPI) data for June. Barring Nifty IT and media, all sectoral indices were trading with gains. Heavyweights Reliance Industries, HDFC Bank, HDFC, Larsen Toubro, YES Bank, State Bank of India and ICICI Bank were trading with gains. The NSE Nifty index was trading 107 points up at 11,055, while the BSE Sensex was up 345 points at 36,610 around 11:35 am. In the Nifty index, 39 stocks were advancing, while 11 were declining. HPCL, BPCL and YES Bank were among the top gainers in the Nifty index.




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Category: Stock Market


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