Stock market update: 34 stocks hit 52-week highs on NSE

Benchmark NSE Nifty index closed 271.40 points down at 13967.50 on Wednesday on account of selling in frontline bluechip counters.

Among the stocks that touched their 52-week highs on NSE were: Bajaj Auto, IFB Industries, Apollo Hospitals, Tata Teleservices (Maharashtra), Procter & Gamble Health, Rohit Ferro-Tech, Orchid Pharma, TVS Motor Company, Wealth First Portfolio Managers, Raj Oil Mills and Jash Engineering.

Overall, 10 shares were trading in green in Nifty50 index, while 40 were trading in red in the afternoon trade.


In the Nifty 50 index, Tech Mahindra, SBI Life, Wipro, ITC and PowerGrid were among top gainers, while Tata Motors, Axis Bank, Tata Steel, GAIL and Titan Company were trading in red.

The BSE Sensex closed 937.66 points down at 47409.93. Traders were seen piling up position in General, Beverages - Alcoholic, IT - Hardware, Aquaculture and Diversified sectors, while selling were visible in Miscellaneous, Gems and Jewellery, Building Materials, Banks and NBFC.