BusinessShare Market

Over 10 stocks hit fresh 52-week highs on NSE on Friday

The Nifty50 settled 108 points, or 1.04 per cent, up at 10,491, whereas added 323 points, or 0.95 per cent, to the previous close to finish at 34,142

As many as 14 stocks including Britannia Industries, Cholamandalam Investment and Finance Company, Avenue Supermarts and MindtreeBSE 9.60 % hit fresh 52-week highs on the NSE on Friday.

Persistent Systems, Power Mech Projects, Ramgopal Polytex, Seamec, Sunflag Iron and Steel Company, Venky’s (India) and Zenith Birla (India) were also among the stocks that hit fresh 52-week highs on the NSE.

Key equity indices Sensex and Nifty50 closed Friday’s session on a higher note, backed by gains in metal, pharma, bank and financial stocks.

The Nifty50 settled 108 points, or 1.04 per cent, up at 10,491, whereas added 323 points, or 0.95 per cent, to the previous close to finish at 34,142.

Among the 50 stocks in the Nifty50 index, 43 closed the day in the green, while 7 in the red.

Shares of Tata Steel, Sun PharmaBSE 5.17 %, UPL, Tech Mahindra, VedantaBSE 2.82 % and Hindalco IndustriesBSE 2.71 % stood among the top gainers in the Nifty50 index on Friday.

However, GAIL, Asian Paints, Eicher Motors, Mahindra & Mahindra, Infosys, Hindustan Unilever and Coal India remained the losers among the Nifty stocks.

Nifty Metal and Pharma indices jumped up to 3 per cent, followed by bank, financial indices. All sectoral indices on the NSE settled in the positive territory on Friday.

Tags
jindal

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.