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Home Markets

Stock market update: Bajaj Finance, Tata Elxsi, Usha Martin hit 52-week highs on NSE

by The Editor
June 12, 2018
in Markets
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Stock market update: Bajaj Finance, Tata Elxsi, Usha Martin hit 52-week highs on NSE
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NEW DELHI: Astec LifeSciences, Bajaj Finance, Firstsource Solutions, Infosys, Tata Elxsi, Usha Martin and VIP Industries featured among the stocks that touched 52-week highs on NSE during Tuesday's trade.

By 11 am, as many as 10 stocks had hit 52-week highs on NSE.

On the other hand, over 30 stocks including Arrow Greentech, Golden Tobacco, Indiabulls Integrated Services and IndoStar Capital Finance hit 52-week lows on NSE today.

Sensex, Nifty were treading higher as investors looked forward to release of key macroeconomic data due today amid a firming trend in Asia.

Buying in IT, pharma, financial, bank and auto stocks ahead of IIP data for April and CPI inflation for May, to be released after market closing today, lifted stocks higher.

The NSE Nifty index was trading 38 points up at 10,825, while the BSE Sensex was up 142 points at 35,625 around 11 am.

Among the 50 stocks in the Nifty index, 35 were trading in the green, while 15 were in the red.

Lupin, Dr. Reddy's Laboratories and Cipla were among the top gainers in the Nifty index around that time.

On the other hand, Tata Steel, Hindalco Industries and Grasim Industries were among the top losers in the Nifty index.

Original Article

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