HCL Technologies, TCS, Wipro among 28 stocks that hit 52-week low on BSE, 66 scrips on new highs


Benchmark indices rose marginally in midday deals on Friday amid weak global sentiment over fears of a likely aggressive rate hike by the US Federal Reserve. The BSE Sensex rose 50 points to 53,480. The NSE Nifty50 languished around 15,960. The broader markets also posted marginal gains. The BSE MidCap and SmallCap indices rose 0.4 percent and 0.1 percent, respectively. “The biggest barrier in the market continues to be sales of FII, which have exceeded $30 billion so far this year. But this month, FIIs have been buyers for 2 days, including yesterday. This means that some FIIs have started buying segments where valuations have become attractive,” said VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Stocks hit 52-week high, low on BSE

Adani Enterprises, Adani Transmission, Atam Valves, Axita Cotton, Butterfly Gandhimathi Appliances, Gensol Engineering, GRP Ltd, ICICI Prudential Nifty Auto ETF, Insecticides (India), Lumax Auto Technologies, Maharshtra Seamless, Shanti Educational Initiatives, PC Jeweler were among the shares which reached its 52-week high on BSE. Meanwhile, Axis NIFTY IT ETF, Birlasoft, HCL Technologies, Mphasis, NMDC, PB Fintech, Tata Consultancy Services (TCS), Wipro were among the securities at new lows.

Shares hitting 52-week high, low on NSE

On the National Stock Exchange, 15 stocks hit 52-weeh highs, while 29 stocks were at new lows during the day. Adani Enterprises, Adani Transmission, Butterfly Gandhimathi Appliances, GRP, Motherson Sumi Wiring India, Rajnandini Metal, International Constructions were among the stocks to hit a 52-week high. Meanwhile, Arrow Greentech, GE Power India, HCL Technologies, MphasiS, NGL Fine-Chem and Tata Consultancy Services were among the securities that hit new lows on NSE intraday.

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Stock Market LIVE: Sensex cuts opening profit, still in the green, Nifty ups 16000; HUL, Airtel among the winners

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Hindustan Unilever (HUL), Titan, M&M, HDFC, Maruti, L&T, Nestle India, Bharti Airtel, Ultratech Cement, ITC, NTPC, Asian Paints, HDFC Bank, Kotak Mahindra Bank, Bajaj Finserv and Bajaj Finance were the top winners, while Tata Steel, HCL Tech, Wipro, Powergrid, Dr Reddy’s, Axis Bank, Infosys, IndusInd Bank, Tech Mahindra, Sun Pharma, ICICI Bank were the biggest losers. In the Nifty pack, Tata Consumer, Titan, Tata Motors, HUL, M&M were the biggest winners. Meanwhile, Tata Steel, HCL Tech, Wipro, Powergrid, JSW Steel were the laggards.

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