Stock Market

Share market update: Over 30 stocks touch 52-week highs in a dull market

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NEW DELHI: Over 30 stocks, including Reliance Industries, Bajaj Finance, Bombay Burmah Trading Corporation, Varroc Engineering and United Breweries, hit 52-week highs on NSE in Friday's session. Torrent Pharmaceuticals, Sunteck Realty, SORIL Infra Resources, Solara Active Pharma Sciences, RBL Bank, Pfizer, Mphasis, Exide Industries, Kaveri Seed Company, Marico and Merck also featured among stocks that touched 52-week highs on NSE. Indian equity market was lacklustre amid mixed global cues as trade talks between the US and China ended without any significant outcome. Caution crept in ahead of Federal Reserve Chairman Jerome Powell's speech at the annual global central bank conference in Jackson Hole later in the day. Besides, profit-booking at record levels amid weakness in the Indian rupee against the US dollar dented sentiment here.

The NSE Nifty index was trading 12 points down at 11,571, while the BSE Sensex was down 47 points at 38,290 around 12:05 pm. Among the 50 stocks in the Nifty index, 25 stocks were trading with gains while 25 were incurring losses around that time. ONGC, UPL and Bharti Infratel were leading among the Nifty scrips.




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