Over 50 stocks hit fresh 52-week highs
NEW DELHI: As many as 51 stocks, including Action Construction Equipment, Balkrishna Industries, Goa Carbon, Graphite India, Hexaware Technologies and KPIT Technologies hit fresh 52-week highs on NSE on Tuesday.
Shares of Lux Industries, Minda Corporation, Minda Industries, Vakrangee, Vardhman Holdings and VIP Industries were also in the league.
On the contrary, 28 stocks, including Apollo Hospitals Enterprise, Cambridge Technology Enterprises, Dena Bank, Reliance Communications, United Bank of India and Videocon Industries hit fresh 52-week lows on NSE.
Domestic equity markets remained lackluster on Tuesday on the back of a spike in both consumer as well as wholesale inflation.
The Nifty50 index closed 38 points down at 10,187, while the Sensex settled 92 points down at 32,942 on Tuesday.
Hero MotoCorp, with a gain of 2 per cent, stood at the top in the Sensex kitty. It was followed by Axis Bank, Bajaj Auto, Reliance Industries, Mahindra & Mahindra, Lupin, Kotak Mahindra Bank and Maruti Suzuki.
Among the losers Power Grid Corporation cracked nearly 3 per cent to settle at the bottom in the Sensex index. Larsen & Toubro, Asian Paints, Tata Consultancy Services and Sun Pharma also figured among the top losers.
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Via:: Economic Times – Stocks