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Market Now: Over 10 stocks hit 52-week highs in a weak market

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Authors: JordanNEW DELHI: Over 10 stocks including DCM Financial Services, Khadim India, Manappuram Finance, Tata Chemicals and Zenith Exports hit fresh 52-week highs on NSE during Friday's trade, defying the prevailing bearish market mood.

Key equity indices Sensex and Nifty50 were trading in the negative territory tracking weak global cues as investors eyed the outcome of US-China trade talks, ahead of the US jobs report. A weak trend in other Asian bourses as investors watched the outcome of trade talks between the US and China, ahead of the April employment data, to be released later in the day, influenced sentiments here. The NSE Nifty index was trading 42 points down at 10,638, while the BSE Sensex was down 134 points at 34,969 around 11:20 am (IST). In the Nifty index, 16 stocks were trading in the green, while 34 in the red.

Adani Ports SEZ, ONGC and HCL Technologies were the top gainers in the Nifty pack of stocks. On the contrary, Sun Pharmaceutical Industries, Bajaj Auto, ITC and Infosys were among the top losers in the Nifty index.




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