At 11:10 AM(IST) on NSE, several stocks including MRO-TEK Realty, Xchanging Sol, Lagnam Spintex, Udayshivakumar Infra and Banaras Beads reached their fresh 52-week highs. This rise occurred as the benchmark NSE Nifty index saw a 75.65 point increase to 21847.35 due to buying in frontline bluechip stocks.
Stocks such as Butterfly Gandhi, Stampede Cap(DVR), Sheetal Cool, Melstar Info and Kabra Extrusion Touch Fresh 52-Week Lows
However, some stocks like Butterfly Gandhi, Stampede Cap(DVR), Sheetal Cool, Melstar Info and Kabra Extrusion reached their fresh 52-week lows. In the Nifty50 index, there were 32 shares traded in the green and 18 traded in the red.
HDFC Life, Bharti Airtel, Wipro, BPCL and TCS Among Top Gainers
Among the top gainers in the Nifty 50 index were HDFC Life, Bharti Airtel, Wipro, BPCL and TCS. On the other hand, Power Grid, ITC, Britannia, Hindalco and IndusInd Bank traded in the red.
BSE Sensex Rises by 217.72 Points at 71949.14
The BSE Sensex saw an increase of 217.72 points at 71949.14 at 11:10 AM(IST). Traders were observed accumulating positions in sectors like Telecommunications, Irrigation & Allied Services, Tea / Coffee, IT Software and Industrial Equipment. However, selling was evident in sectors like FMCG, Logistics, Defence, Mining and Airlines.
Hot Take: Market Highlights and Trading Trends
In today’s trading session, several stocks hit fresh 52-week highs while others reached their lows. The Nifty 50 index saw a mix of gainers and losers, with HDFC Life, Bharti Airtel, Wipro, BPCL and TCS emerging as the top gainers. The BSE Sensex also experienced a rise. Traders showed interest in sectors like Telecommunications and IT Software, while selling pressure was seen in sectors such as FMCG and Defence.
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