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

Laxmi Goldorna House, Precision Camshaft, Lambodhara Text, Kridhan Infra and SoftTech Engineers, hit their fresh 52-week highs at 11:20AM.

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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 Laxmi Goldorna House, Precision Camshaft, Lambodhara Text, Kridhan Infra and SoftTech Engineers, hit their fresh 52-week highs at 11:20AM(IST)on NSE.

Benchmark NSE Nifty index rose 46.55 points to 24656.6 amid buying in frontline bluechip stocks.

However, stocks such as WABCO India, Axita Cotton, Blue Coast Hotel and Rossell Techsys, 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, UltraTech Cem., Britannia, Nestle India, Grasim Inds. and Hindalco were among top gainers, while Adani Ports SEZ, HCL Tech, ICICI Bank, Adani Ent. and HDFC Bank traded in the red.

The BSE Sensex was trading 107.98 points at 81618.03 at 11:20AM(IST).
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Traders were seen piling up positions in General, Apparels, Infrastructure, NBFC and Engineering sectors, while selling was visible in Diversified, Cables, Learning & Education, Industrial Consumables and IT Software sectors.

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