Bulls continued to drag home headline indices larger on Tuesday. S&P BSE Sensex soared greater than 600 factors to hit an intra-day excessive of 53,865 whereas the NSE Nifty 50 index breached 16,000 mark after a month. The essential 16,000 mark is seen as a hurdle for the index and an in depth above that, chartists say, may assist the headline index rise larger. While bulls have been in management, 71 shares on BSE soared to contemporary 52-week highs whereas 23 scrips have been at new lows. Some of the marquee names at contemporary highs embody ITC, Chalet Hotels, Siemens, and lots of extra.
52-week High/low on BSE
ITC was the one inventory among the many BSE Sensex constituents to hit contemporary excessive on Tuesday. Other main names embody Chalet Hotels, Mahindra Lifespace Developers, Siemens Ltd, and Varun Beverages. A complete of 71 shares hit new 52-week excessive values on the BSE. Other names within the record have been Choice International, Galactico Corporate Services, JKumar Infraprojects, Orient Bell Limited, Monte Carlo Fashions, and Sonal Adhesives. On the opposite hand, shares that hit lows embody Viceroy Hotels, Andhra Cements, Aries Agro, BMW Industries, Prabhat Technologies, and Suumaya Corporations, amongst others.
52-week excessive/low on NSE
On the NSE< 24 scrips recorded contemporary 52-week highs. Akshar Spintex, Choice International, Global Education Limited, Hindware Home Innovation, Jupiter Wagons, Manorama Industries, Motherson Sumi Wiring India, Orient Bell, Rolex Rings, and Varun Beverages have been among the many shares to commerce at contemporary highs. Only 11 shares buying and selling on the NSE, dropped to their 52-week low values. Ajani Portland Cement Limited, Medico Remedies Limited, Starteck Finance, ZUARI INDUSTRIES, have been amongst these scrips.
Volume Gainers on NSE
Madhav Marbles and Granites was the highest NSE quantity gainer on Tuesday. More than 2.12 lakh shares of the corporate have been traded on the change, 39 instances the 1-week common. Stel Holdings Limited was the second-highest quantity commerce with practically 80,000 shares shifting between traders. This was 19.5 instances the 1-week common. Kilitch Drugs (India) was additionally among the many excessive quantity trades with 56,000 shares exchanging fingers, 17 instances the 1-week common. Other quantity trades embody Par Drugs and Chemicals, Marksans Pharma, and PTC India Financial Services.
Source: www.financialexpress.com”