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

Shree Rama Multi, Tilaknagar Ind, Steel City Securities, Precision Camshaft and P&G Health, hit their fresh 52-week highs at 10:18AM.

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MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
NEW DELHI: Shares of Shree Rama Multi, Tilaknagar Ind, Steel City Securities, Precision Camshaft and P&G Health, hit their fresh 52-week highs at 10:18AM(IST)on NSE.

Benchmark NSE Nifty index fell 35.1 points to 23960.25 amid selling in frontline bluechip stocks.

However, stocks such as MT Educare, Arman Financial, Ortin Labs, IRB InvIT Fund and 3rd Rock MultiMedia, touched their fresh 52-week low.


Overall, 22 shares traded in the green in Nifty50 index, while 28 traded in the red.

In the Nifty 50 index, Tata Steel, JSW Steel, IndusInd Bank, Hindalco and Tata Motors were among top gainers, while Adani Ports SEZ, Coal India Ltd, Trent, HDFC Life and ITC traded in the red.

The BSE Sensex was trading 117.64 points at 78664.6 at 10:18AM(IST).
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Traders were seen piling up positions in General, NBFC, Beverages - Alcoholic, Irrigation & Allied Services and Telecommunications sectors, while selling was visible in Diversified, Industrial Consumables, Construction, Shipping and Pharmaceuticals sectors.

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