Market@record high; 100 stocks on BSE hit fresh 52-week high

Benchmark equity indices BSE Sensex and NSE Nifty scaled their fresh all-time in early trade on Monday with 100 stocks on the BSE hit their fresh 52-week high.

The list includes stocks such as Tata Motor Company, TVS Motor, Uflex, JSW Steel, Maruti Suzuki, Bajaj Finance, Bharti Airtel, Reliance Industries and Venky’s India.

On the other hand, over 20 stocks on the exchange hit their fresh 52-week low.

After hitting an all-time high of 31,602.50 in early trade, the 30-share BSE Sensex wiped off some gains and was trading 191 points, or 0.61 per cent, up at 31,559 around 10.10 am (IST).

Prices of individual scrips listed on the National Stock Exchange were not updating on Monday morning and investors could not place trades. Meanwhile, NSE halted trading in stock derivatives after technical snag, according to reports. Nifty50 index was up 33 points at 9699 at around the same time.

Asian peers were trading higher after a stronger-than-expected US jobs data reinstated confidence in global growth.

US stocks finished higher on Friday as tech stocks rebounded from a slump and the jobs report showed a higher-than-expected gain for June. Dow Jones Industrial Average index on Friday closed 94.30 points, or 0.44 per cent, up at 21,414.