Share market update: 17 stocks hit 52-week highs on NSE
The Nifty50 index settled at 10,772, up by 62 points or 0.58 per cent, with 29 stocks in the green, 20 in the red and 1 unchanged.
By ETMarkets.com | Updated:
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NEW DELHI: As many as 17 stocks hit 52-week highs on NSE on Wednesday.
The pack of stocks that touched 52-week highs included Bata India, Bajaj Finance, GlaxoSmithKline Pharmaceuticals, Mahindra Lifespace Developers, Pfizer and Tata Elxsi.
However, over 100 stocks including Indian Overseas Bank, Jain Irrigation Systems, JK Cement, Mangalam Cement and Manpasand Beverages hit 52-week lows on NSE on Wednesday despite positive market sentiment.
After suffering losses for the last two consecutive sessions, key equity indices Sensex and Nifty50 rebounded on Wednesday, underpinned by gains in bank, financial, metal, energy and auto stocks in the light of positive global cues.
The Sensex index rose about 261 points, or 0.74 per cent, stopping at 35,547, with 25 stocks advancing and only 6 declining.
The Nifty50 index settled at 10,772, up by 62 points or 0.58 per cent, with 29 stocks in the green, 20 in the red and 1 unchanged.
Reliance Industries, IndusInd Bank, Tata Steel and Kotak Mahindra Bank emerged as the top gainers in the Nifty index on Wednesday.
The pack of stocks that touched 52-week highs included Bata India, Bajaj Finance, GlaxoSmithKline Pharmaceuticals, Mahindra Lifespace Developers, Pfizer and Tata Elxsi.
However, over 100 stocks including Indian Overseas Bank, Jain Irrigation Systems, JK Cement, Mangalam Cement and Manpasand Beverages hit 52-week lows on NSE on Wednesday despite positive market sentiment.
After suffering losses for the last two consecutive sessions, key equity indices Sensex and Nifty50 rebounded on Wednesday, underpinned by gains in bank, financial, metal, energy and auto stocks in the light of positive global cues.
The Sensex index rose about 261 points, or 0.74 per cent, stopping at 35,547, with 25 stocks advancing and only 6 declining.
The Nifty50 index settled at 10,772, up by 62 points or 0.58 per cent, with 29 stocks in the green, 20 in the red and 1 unchanged.
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Reliance Industries, IndusInd Bank, Tata Steel and Kotak Mahindra Bank emerged as the top gainers in the Nifty index on Wednesday.
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