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

Gabriel India, TN Telecom, Sai Life Science, NACL Industries and Reliance Naval & Engg, hit their fresh 52-week highs at 10:04AM.

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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 Gabriel India, TN Telecom, Sai Life Science, NACL Industries and Reliance Naval & Engg, hit their fresh 52-week highs at 10:04AM(IST)on NSE.

Benchmark NSE Nifty index rose 11.8 points to 25530.0 amid selling in frontline bluechip stocks.

However, stocks such as Setubandhan Infra, Stampede Cap(DVR), Sadhana Nitro, Arisinfra Solutions and Raymond Realty, touched their fresh 52-week low.


Overall, 23 shares traded in the green in Nifty50 index, while 27 traded in the red.

In the Nifty 50 index, Infosys, Wipro, TCS, Tech Mahindra and Hero MotoCorp were among top gainers, while IndusInd Bank, Shriram Finance, HDFC Life, Bajaj Finserv and Bajaj Finance traded in the red.

The BSE Sensex was trading 1.46 points up at 83698.75 at 10:04AM(IST).
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Traders were seen piling up positions in General, IT Enabled Services, Tourism & Hospitality, Auto and Retail sectors, while selling was visible in Industrial Consumables, IT - Hardware, Tea / Coffee, Construction and Glass sectors.

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