After a strong start, domestic stock markets came off their opening highs in Friday’s midday trading. The BSE Sensex rose 300 points to 52,600, and the NSE Nifty 50 advanced 100 points to 15,660. Sector-wise, all pockets were firmly seated in green. Gains were led by Nifty Bank, Financial Services, Private Banking and Media. Other notable gainers were real estate, autos, IT, consumer packaged goods and pharmaceuticals. In broader markets, the BSE MidCap and SmallCap indices were also in positive territory, rising 1.2%. About 2,163 stocks were up, 825 stocks were down and 129 stocks were unchanged. Market breadth was also extremely positive. Among individual stocks, Mahindra & Mahindra hit a new all-time high on hopes of strong domestic demand.
Stocks That Hit 52-Week High, Low on BSE
Alfavision Overseas (India), Avro India, Choice International, Gensol Engineering, Kohinoor Foods, Mahindra & Mahindra, Naysaa Securities, Rajnish Wellness, Superior Industrial Enterprises, Sterling Tools, Voltamp Transformers were among the stocks that hit a 52-week high on BSE. On the other hand, Black Box, Dharani Sugars & Chemicals, Gujarat State Petronet, Hester Biosciences, Mercury Laboratories, Nile, Poddar Housing and Development, Star Health and Allied Insurance Company, Vijay Solvex were among the stocks that hit new lows .
Stocks that hit 52-week high, bottom on NSE
A total of 12 stocks hit a 52-week high on the National Stock Exchange (NSE), 25 stocks in total were at new lows. Avro India, Axita Cotton, Choice International, Hindware Home Innovation, Jupiter Wagons, Kohinoor Foods, Kritika Wires, Mahindra & Mahindra, Sterling Tools, Voltamp Transformers were among the stocks that hit a 52-week high. Meanwhile, Akash Infra-Projects, Gujarat State Petronet, JTL Infra, Muthoot Finance, Seya Industries, Star Health and Allied Insurance Company were among the scrips at new intraday lows.
Rakesh Jhunjhunwala Stock Tanks: Nazara Tech Shares Fall 57% YTD, Brokerage Says Valuations Rich; check note
SGX Nifty up: Nifty, Bank Nifty support, resistance, technical view, stocks under F&O ban; the key elements in brief
Shares of HUL, ONGC, Hero MotoCorp, Indian Oil, HPCL, Yes Bank, AU Small Finance Bank in Brief June 24, 2022
Share Market LIVE: Sensex rises 500 pts, Nifty is near 15700; IndusInd Bank, HUL Top Winners
Sensex, Nifty top winners, losers
Mahindra and Mahindra (M&M), HUL, Bharti Airtel, IndusInd Bank, ICICI Bank, HDFC Bank, HDFC, Tata Steel, Bajaj Finance, Nestle India, Ultratech Cement were Sensex’s top gainers, while Tech Mahindra, Infosys, Asian Paints, NTPC, TCS, Wipro, HCL Technologies, Bajaj Finserv, Titan were the big losers. In the Nifty pack, M&M, Hero Metocorp, ONGC, Bharti Airtel and HUL were the winners, while Apollo Hospitals, Tech Mahindra, Infosys, TCS and Asian Paints were the laggards.