BSE Sensex and NSE Nifty 50 soared .80% every single on Friday morning, helped by worldwide cues and RBI’s monetary policy choice to hold prices unchanged for the eighth consecutive time. Benchmark indices have added to yesterday’s gains and are now sitting close to all-time highs. On the 30-stock Sensex, Titan Company Ltd was the only stock to hit its 52-week higher. The stock soared 2% on Friday to attain a higher of Rs 2,429 per share. Its earlier 52-week higher was Rs 2,365 apiece. Titan has added to its yesterday’s enormous 11% rally.
A total of 264 shares hit their respective 52-week higher on the Bombay Stock Exchange (BSE) on Friday. Some of the marquee names contain Tata Motors, Titan, Hindustan Petroleum Corporation, Page Industries, and Voltas. On the BSE 200, a total of 17 stocks have been trading at their 52-week higher. These integrated IRCTC, which has gained 27% so far this week. Other stocks on the list have been Indian Hotels, NHPC, Godrej Properties, Bata India, Supreme Industries, and SRF.
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Although the benchmark indices have been trading with gains and closing in on all-time highs, a total of six stocks on the BSE have been trading at the 52-week lows. These integrated Alfa Transformers, Getalong Enterprises, Purple Entertainment, SBL Infratech, Shukra Jewellers, and Trescon Ltd. On the National Stock Exchange (NSE) only one stock hit its 52-week low on Friday. Coastal Corporation Limited was down almost 1%, hitting its low.
Meanwhile, a total of 114 stocks trading on the NSE hit their 52-week highs. These integrated Thomas Cook (India) Limited, Nazara Technologies, Lemon Tree Hotels, Persistent Systems, Chemplast Sanmar, Paras Defence and Space Technologies Limited, Chalet Hotels, EIH Associated Hotels, Macrotech Developers, MCX, and Inox Leisure, amongst other individuals.