NEW DELHI: Key equity indices Nifty and Sensex extended their gains for the third session on Thursday, buoyed by positive global sentiments after US Federal Reserve announced the widely-expected hike in key lending rate.
However, remaining immune to the positive market stance, over 85 stocks hit fresh 52-week lows on NSE.
BSE, CARE Ratings, Cummins India, D.B.Corp, Emco, Electrosteel Steels, HCC, HMT, Indian Oil Corporation, Jaypee Infratech and Punj Lloyd were among the stocks that hit fresh 52-week lows on NSE.
On the other hand, five stocks including Mask Investments, Mastek and Orient Press hit fresh 52-week highs on NSE in Thursday's trade so far.
Sustained foreign fund inflows, increased buying by domestic institutional investors (DIIs) and a mixed trend in other Asian bourses, after the Fed rate hike, influenced the market.
The NSE Nifty index was trading 25 points up at 10,180, while the BSE Sensex was up 73 points at 33,209 around 10:55 am (IST).
Among the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red.
ONGC, Indiabulls Housing Finance and Tata Motors climbed over 1 per cent in the Nifty index.
On the contrary, Hindustan Petroleum Corporation and Bharat Petroleum Corporation cracked over 2 per cent in the Nifty kitty of stocks.
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