Stock market update: Stocks hit 52-week highs on NSE in today’s trade

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Stock market update: Stocks hit 52-week highs on NSE in today’s trade

New Delhi: Shares of KRN Heat Exchanger, JSW Holdings, Gokul Refoils, Shaili Eng Plastics and Canes Technology hit their fresh 52-week highs during trade on the NSE on Wednesday.

The benchmark NSE Nifty closed 270.75 points higher at 24484.05 amid buying in frontline bluechip counters.

However, stocks like Raymond Lifestyle L, Mitcon Const & Eng.(PP), MT Educare, Seagull India and GIR Natureview touched their fresh 52-week lows.

Overall, 40 stocks in the Nifty 50 index ended in the green, while 10 closed in the red.

In the Nifty 50 index, BEL, Adani Ent., TCS, Infosys and Tech Mahindra were among the top gainers during the day, while SBI Life, Titan Company, HDFC Life, IndusInd Bank and HUL were in the red.

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    The BSE Sensex rose 901.5 points to close at 80378.13.

    Traders held positions in the General, NBFC, Tea/Coffee, Beverages – Alcoholic and Telecommunication sectors, while selling was seen in the Diversified, Metals – Non Ferrous, Industrial Consumer, Industrial Equipment and Pharmaceuticals sectors during the day.

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