One97 Communications (Paytm) and Zomato were among the stocks to hit a 52-week low on the Bombay Stock Exchange. Meanwhile, 90 scrips reached 52-week highs intraday.
Bulls made a comeback on Dalal Street on Wednesday ahead of the outcome of the US Fed meeting. Benchmark indices traded near the high level for the day, with Nifty above 16900, supported by buys across several sectors. While BSE Sensex rose 850.85 points or 1.53% to 56,627.70, Nifty 50 rose 245.30 points or 1.47% to 16,908.30. “It seems that the market is quickly discounting the end of tensions between Russia and Ukraine, which is why we are seeing a sharp turnaround in commodity prices,” said Santosh Meena, Head of Research, Swastika Investmart Ltd. One97 Communications (Paytm) and Zomato were among the stocks to hit the 52-week low on the Bombay Stock Exchange. Meanwhile, 90 scrips reached 52-week highs intraday.
Sensex, handy winners and losers
Axis Bank, Ultratech Cement, IndusInd Bank, Bajaj Finserv, Bajaj Finance, Tata Steel, Housing Development Finance Corporation (HDFC), Kotak Mahindra Bank, Infosys were the top winners of Sensex, while Hindustan Unilever (HUL), Sun Pharmaceuticals and Powergrid were the biggest losers. In the Nifty 50 pack, Axis Bank, Ultratech Cement, IndusInd Bank, Shree Cement and JSW Steel were the biggest winners, while Cipla, Tata Consumer Products, HUL, Powergrid and Sun Pharma were the laggards.
Stocks hit 52-week high, low on BSE
By noon, a total of 90 scrips reached the 52-week high on BSE. Andhra Paper, Cholamandalam Investment and Finance Company, Avantel, Cosmo Ferrites, Excel Industries, IKAB Securities and Investment, Eureka Forbes, Nahar Capital and Financial Services, Linde India, Jyoti Resins and Adhesives, Sundar Manganese and Iron Ores, Tejnaksh Healthcare, Ratnabhumi Developers Vadilal Industries was among the stocks to hit a 52-week high on BSE. Meanwhile, Anjani Foods, Indo-Global Enterprises, Janus Corporation, One 97 Communication (Paytm), Natural Biocon (India), Suvidhaa Infoserve, UP Hotels, Times Green Energy and Zomato were among the scrips hitting new lows.
Shares hitting 52-week high, low on NSE
On the National Stock Exchange, a total of 30 securities hit a 52-week high, while 16 scrips were at new lows intraday. Accuracy Shipping, Bharat Dynamics, Excel Industries, JK Paper, Excel Industries, Mangalam Global Enterprise, PDS, New Delhi Television, SEL Manufacturing, United Polyfab, Zydus Lifesciences were among the stocks to hit its 52-week high on NSE. On the other hand, Akash Infra-Projects, CMI, Future Lifestyle Fashions, ICICI Prudential 5 Year G-Sec ETF, Matrimony.Com, Sansera Engineering, Uniinfo Telecom Services, Wockhardt, Zomato were among the scrips that hit new lows.
This post 52-week highs, 52-week lows: Paytm, Zomato among equities hits 52-week low on BSE, 90 scrips at new highs
was original published at “https://www.financialexpress.com/market/52-week-highs-52-week-lows-paytm-zomato-among-stocks-to-hit-52-week-low-on-bse-90-scrips-at-new-highs/2462747/”
