Market Now: Over 40 stocks hit fresh 52-week high on NSE

NEW DELHI: Over 40 stocks, including Asian Paints, Bajaj Electricals, Bharat Forge, DHFL, Bombay Dyeing, Hindustan Unilever, JBM Auto, Larsen & Toubro, NIIT, Phillips Carbon, Reliance Industries and YES Bank hit fresh 52-week highs on NSE in Thursday's trade.

On the other hand, Apollo Hospitals Enterprise, Banswara Syntex, Goenka Diamond and Jewels and Vimal Oil & Foods were among 10 stocks that hit new 52-week low in Thursday's trade so far.

Benchmark indices declined during afternoon trade, led by auto and IT stocks.

Wipro (down 4.29 pedr cent) cracked over 4 per cent. Gail, Mahindra & Mahindra, Eicher Motors, Maruti and Tata Consultancy Services were the other top losers of the Nifty index.

Pharma and bank stocks, however, were holding up.

Axis Bank, Sun Pharma, Cipla, Aurobindo Pharma, Dr Reddy's, Lupin, Bank of Baroda and YES Bank were leading the Nifty pack.

Broader midcap and small cap indices were outperforming benchmarks.

The BSE Midcap index was trading 0.38 per cent up at 15,986, while the S& BSE Smallcap index was 0.52 per cent up at 16,606 around 12.04 pm (IST).

Benchmark Nifty50 index was 0.01 per cent down at 10,078, while the 30-share Sensex was 0.08 per cent up at 32,212 around the same time.

In the Nifty50 pack, 25 stocks were trading in the green, while 26 stocks were in red.
On BSE, 1,243 stocks were advancing whereas 1,098 stocks were lagging.

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