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

Date: 01-08-2022
Subject: Stock market update: Stocks that hit 52-week highs on NSE
NEW DELHI: Shares of Ram Ratna Wire NSE 15.61 %, West Coast Paper NSE 14.78 %, Metro Brands Ltd., Andhra Paper NSE 10.80 % and Vinyl Chemicals NSE 7.10 %, hit their fresh 52-week highs at 11:21AM(IST)on NSE.

Benchmark NSE Nifty index rose 113.6 points to 17271.85 amid buying in frontline bluechip stocks.

However, stocks such as Bombay Rayon, Birla Tyres NSE -4.72 %, IMP Powers Ltd NSE -4.71 %, DRC Systems India NSE -4.65 % Ltd. and Jindal Cotex NSE -3.77 %, touched their fresh 52-week low.

Overall, 34 shares traded in the green in Nifty50 index, while 16 traded in the red.

In the Nifty 50 index, M&M, Tata Motors NSE 4.29 %, Adani Ports SEZ NSE 3.94 %, Hindalco NSE 2.52 % and RIL were among top gainers, while Sun Pharma NSE -3.24 %, HDFC Life NSE -1.64 %, Tata Consumer,
The BSE Sensex was trading 369.88 points up at 57940.13 at 11:21AM(IST).

Traders were seen piling up positions in Paper, Aquaculture, Telecommunications, Shipping and Industrial Consumables sectors, while selling was visible in Metals - Ferrous, Gas & Petroleum, Pharmaceuticals, Auto Ancillaries and Glass sectors.

Source Name:-Economic Times

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