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

Raghav Productivity, Airan Ltd., 3P Land Holdings, Authum Investment and SJS Enterprises, hit their fresh 52-week highs at 11:15AM.

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Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
NEW DELHI: Shares of Raghav Productivity, Airan Ltd., 3P Land Holdings, Authum Investment and SJS Enterprises, hit their fresh 52-week highs at 11:15AM(IST)on NSE.

Benchmark NSE Nifty index rose 228.21 points to 24345.2 amid buying in frontline bluechip stocks.

However, stocks such as Sakuma Exports, Avalon Technologies, Focus Lighting, Nandani Creation and Akshar Spintex, touched their fresh 52-week low.


Overall, 44 shares traded in the green in Nifty50 index, while 6 traded in the red.

In the Nifty 50 index, Eicher Motors, Tata Motors, Grasim Inds., HCL Tech and Shriram Finance were among top gainers, while BPCL, Cipla, HDFC Life, HUL and Asian Paints traded in the red.

The BSE Sensex was trading 780.33 points up at 79666.55 at 11:15AM(IST).
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Traders were seen piling up positions in Packaging, Aquaculture, Telecommunications, General and Tea / Coffee sectors, while selling was visible in Irrigation & Allied Services, Infrastructure, Gas & Petroleum, Construction and Apparels sectors.

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