Market Update: NIFTY PRIVATE BANK is the best performing sector; these companies scaling 52-week high
All sectoral indices trading in green before union budget presentation.
Before the Union Budget, the Indian equity market is trading in green thanks to a positive handover from the US market. Nifty 50 opened in green in today’s trade at 17529.4 against the previous close of 17339.8, which means a gap up of 189.6 points. Currently, it is trading at 17579.15. Out of 50 stocks in Nifty, 7.0 are trading below their previous close and 42.0 are trading above yesterday's close. In today’s trade, more stocks in Nifty are trading in favour of advances. Overall we see that more stocks are trading in green.
In today’s trade, the best performing index is NIFTY PRIVATE BANK which is up by 2.23 per cent. This is followed by NIFTY REALTY, which is up by 2.06 per cent. The worst performing index currently (10:28 AM) is NIFTY AUTO. It is up by 0.12 per cent. Out of the total 15.0 companies forming part of the index, 4.0 companies are trading in red, 11.0 are trading in green.
Following Table Shows Some Companies Scaling 52-Week High(Price >50)
Company
|
New High
|
LTP
|
Prev High
|
Change(%)
|
Chemfab Alkalis Limited
|
228.0
|
223.65
|
218.2
|
15.67
|
Lotus Eye Hospital and Institute Limited
|
68.25
|
68.25
|
65.0
|
5.0
|
Gravita India Limited
|
359.9
|
354.15
|
355.4
|
4.87
|
D B Realty Limited
|
86.55
|
86.45
|
82.5
|
4.79
|
Fineotex Chemical Limited
|
168.0
|
164.45
|
167.55
|
3.82
|
Deepak Fertilizers and Petrochemicals Corporation Limited
|
598.2
|
587.65
|
569.8
|
3.14
|
Ajmera Realty & Infra India Limited
|
450.0
|
447.6
|
449.5
|
2.71
|
Bank of Baroda
|
109.3
|
108.85
|
108.4
|
1.21
|
Canara Bank
|
255.7
|
254.05
|
254.4
|
0.43
|
Bhagiradha Chemicals & Industries Limited
|
1099.0
|
1050.0
|
1060.95
|
0.26
|
|
|
|
|
|
Following Table Shows Some Companies Scaling 52-Week High(Price <50)
Company
|
New High
|
LTP
|
Prev High
|
Change(%)
|
IL&FS Engineering and Construction Company Limited
|
18.0
|
18.0
|
17.15
|
4.96
|
Antarctica Limited
|
3.35
|
3.35
|
3.2
|
4.69
|
Goenka Diamond and Jewels Limited
|
4.05
|
4.05
|
3.9
|
3.85
|
Consolidated Construction Consortium Limited
|
3.0
|
3.0
|
2.9
|
3.45
|
Digicontent Limited
|
23.95
|
23.2
|
23.5
|
1.53
|
Bharat Road Network Limited
|
44.85
|
43.3
|
44.3
|
-0.46
|
Kaushalya Infrastructure Development Corporation Limited
|
7.25
|
6.65
|
6.95
|
-4.32
|
Overall market is trading in favour of advances. Currently advance to decline ratio stands as 328:69