BSE 500: Stocks that became a hero from zero this week
These shares emerge as today’s biggest gainers after touching a 52-week low during the week.
As the market closed on a positive note, Telecom and Auto sectors emerge as the biggest gainers while IT continued to face bearish sentiment.
At the closing bell on June 24, the Sensex closed with a gain of 0.9 per cent or 462 points at 52,727.98, while the Nifty50 also gained 0.9 per cent or 142.60 points at 15,699.25
Repco Home Finance, MMTC and Dish TV were top gainers in the “A” Group in today’s session.
Repco Home Finance witnessed a gain of 15.65 per cent in today’s session and closed at Rs 133. In yesterday’s session, its shares logged a 52-week low of Rs 113.45 taking the monthly loss to 27 per cent on the back of heavy selling pressure. The shares of Repco Home Finance hit intraday high and low at Rs 135.10 and Rs 116.15, respectively.
MMTC witnessed a rally of 14.77 per cent in today’s session to close at Rs 39.25. The shares of MMTC logged a fresh 52-week low at Rs 31.15 shedding 6 per cent in a day on June 20. Since then, the stock witnessed a trend reversal and has been attracting buyers at significant corrected levels.
Dish TV witnessed a rally of 10.66 per cent in today’s session and closed at Rs 12.04. The stock has been under selling pressure with a monthly share price loss of 20 per cent, while it logged a fresh 52-week low on June 20 at Rs 10.23. Shares of Dish TV hit intraday high and low at Rs 12.55 and Rs 11.15, respectively.