Stock market update: Stocks that hit 52-week highs on NSE

Indian Railway Fin, Dhanlaxmi Bank, Indian Card Clothing, Rail Vikas Nigam and Lorenzini Apparels, hit their fresh 52-week highs at 11:11AM.

Agencies
Mazhar Mohammad of Chartviewindia.in said technical indicators are turning mixed as the weekly MACD chart has generated a 'buy' signal, giving an edge to the bulls.
NEW DELHI: Shares of Indian Railway Fin, Dhanlaxmi Bank, Indian Card Clothing, Rail Vikas Nigam and Lorenzini Apparels, hit their fresh 52-week highs at 11:11AM(IST)on NSE.

Benchmark NSE Nifty index rose 138.16 points to 22032.7 amid buying in frontline bluechip stocks.

However, stocks such as M K Proteins, Penta Gold, Digidrive Distributo, Raj Rayon and Happy Forgings, touched their fresh 52-week low.


Overall, 33 shares traded in the green in Nifty50 index, while 17 traded in the red.

In the Nifty 50 index, Wipro, HCL Tech, ONGC, Tech Mahindra and Infosys were among top gainers, while HDFC Life, Hindalco, Tata Consumer, Bajaj Finance and Eicher Motors traded in the red.

The BSE Sensex was trading 581.92 points up at 73150.37 at 11:11AM(IST).
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Traders were seen piling up positions in Term Lending Institutions, Telecommunications, Cables, Aquaculture and Paper sectors, while selling was visible in FMCG, Agro Processing, Logistics, Media & Entertainment and Defence sectors.

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